Cogency Performance Wisdom Implemented By Omgeo

Business Wire, June 9, 2004

Business Editors/High-Tech Writers

BURLINGAME, Calif.--(BUSINESS WIRE)--June 9, 2004

Cogency Software, Inc., provider of Smart Enterprise Solutions(TM) for the financial services industry, today announced the implementation of Cogency Performance Wisdom(TM) at Omgeo, the leading provider of trade management solutions for global straight-through processing (STP).

Omgeo plans to leverage Cogency Performance Wisdom to enhance the performance of Omgeo Central Trade Manager(SM) (Omgeo CTM), its state-of-the-art STP solution for real-time trade processing and management. Omgeo CTM enhances the ability to achieve same- or next-day settlement for cross-border and domestic trades, both for fixed-income and equity securities.

"With Cogency Performance Wisdom's monitoring capabilities, we are better able to proactively identify and implement performance improvements to Omgeo CTM before we release new features, functionality and connectivity options to the marketplace. By doing so Omgeo clients benefit from enhanced and improved system efficiencies, including increased capacity for message and transaction throughput, allowing for an accelerated post-trade, pre-settlement cycle," said Jim Casey, managing director of global product management and marketing, Omgeo. "The Cogency team provided unparalleled performance enhancement expertise and partnered with our team to achieve significant results."

Cogency Performance Wisdom is a powerful performance monitoring solution that assimilates performance metrics from the network, databases, application servers, applications and other relevant components using customized, complex business rules.

Cogency Performance Wisdom presents consolidated, real-time enterprise-wide information and intelligence that is focused, relevant, and immediately actionable. Using Cogency Performance Wisdom, Omgeo has been able to identify and resolve performance bottlenecks and improve Omgeo CTM processing performance, ultimately improving STP for Omgeo clients.

"We are thrilled to partner with Omgeo to further its commitment to bring true straight-through processing to its clients," said Sameer Shalaby, president and CEO, Cogency Software. "Omgeo is blazing new trails in the industry and are clear leaders in the realm of global straight-through processing. Our solution, Cogency Performance Wisdom, enables Omgeo to aggregate, apply complex rules, analyze and present performance data in a more powerful and real-time way."

About Cogency Software

Cogency accelerates business performance by providing Smart Enterprise Solutions(TM) to the financial services industry. Alternative investment firms, banks, asset managers, insurance companies and their service providers use Smart Enterprise Solutions to manage and scale their businesses. Our solutions enable clients to gain access to data from limitless sources around their businesses, transform that data into useful information and put it into immediately effective context -- enabling them to take action and seize important opportunities that drive revenue and client satisfaction.

Cogency Software is headquartered in Burlingame, California. For more information: www.cogencysoft.com or (650) 685-2500.