4sight launches ETF lending support in 4sight Securities Finance

Toronto, August 2009: 4sight has announced the launch of support for the borrowing and lending of Exchange Traded Funds (ETFs) within its 4sight Securities Finance (4SF) software solution.

The new functionality extends the facility to track cash trades within 4SF to include ETFs and ETF compositions. The features provide visibility of long short ETF strategy, along with tools for managing ETF exposure and the P&L costs of borrowing and lending ETFs.

 “We have developed this new functionality to meet the needs of our clients as ETFs become a more prominent feature of the securities lending landscape”, comments Jason Hayes - 4sight’s North American Sales Director. “4sight’s commitment to product development will continue to benefit our customers as the market evolves.”

 About 4sight Financial Software

-   4sight Financial Software is a leading supplier of software solutions to the financial markets with offices and clients worldwide and has implemented its Securities Finance, Market Connectivity, and Settlement systems for some of the world’s largest financial institutions.

-   4sight Securities Finance is a modular solution used by financial institutions of all shapes and sizes, from the smallest direct lender through to global custodians, brokers and intermediaries. 4sight Securities Finance supports borrowing, lending, repo, collateral management, swaps and ETFs across the equity and fixed-income Securities Finance markets and facilitates greater automation, faster trading, improved risk management and enhanced relationships between counterparties and clients.

-   For further details on 4sight and its products please visit www.4sight.com

 4sight Press contact:

 Martin Seagroatt

+44 (0) 131 221 5996

martin.seagroatt@4sight.com