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Expansion prompts Gissing Software office relocation

Growing your link with the financial markets

London, 18 April 2005 - Gissing Software, a leading supplier of software and services to financial institutions, today announced the opening of its new UK head office in Bromley, Kent. An expanding product portfolio, growing client base and more than doubling of staff numbers over the past year have provided the catalyst for the relocation. The office provides much needed space for the company to continue developing and delivering solutions to its clients for distributing, capturing and manipulating real-time market and trade data. Gissing’s product portfolio also includes transaction and STP solutions and real-time tools for Microsoft Excel.

Gissing Software’s clients include tier one banks and brokers such as ABN AMRO, Royal Bank of Scotland and Merrill Lynch. They recently announced GFI and WestLB as the latest customers to adopt Gissing ConteX MCS, its multi-contribution system. The company also successfully launched RealtimeXL as the new generation of real-time pricing tools last month at DWT New York. RealtimeXL is installed at two large investment banks and is generating significant interest in the market place. The UK launch of RealtimeXL will take place at DWT London, on 11th May 2005.

Mike Vieyra, CEO, Gissing Software, says “Our understanding of the needs of the market is demonstrated by the success of our products and increasing client base. The move reflects our commitment to the future growth of the company. The new office will provide hi-tech facilities for the continued development of all our products as well as providing a base for the Gissing European sales team.”

The new address for Gissing Software is:

Gissing Software
Kingfisher House
21-23 Elmfield Road
Bromley, Kent
BR1 1LT
United Kingdom

Tel: +44(0)20 8315 6550
Email: enquiries@gissing.com
Web site: www.gissing.com

About Gissing Software

Gissing Software, solution specialists for the distribution, capture and manipulation of real-time market and trade data was founded in 1991. Gissing Software counts some of the world's biggest financial institutions among its clients. Almost all of Gissing’s clients are tier one banks and brokers. With over 40 installations globally, Gissing’s products are a byword in the industry for performance and reliability. The company is privately owned and operates from its head office in Bromley, Kent (UK) and its office in New York.

Gissing Software has extensive knowledge of the technology associated with the transforming and routing of real-time data in the financial markets.

Product area focus:

  1. Multi contribution systems for management and distribution of market data to financial data vendors and partnering businesses.
  2. Real-time Solutions for Excel solutions for use by financial professionals in analytics, trading, data contribution and administration
  3. Trade data capture transformation and system integration for fixed income securities, FX and other investment instruments
  4. Market aggregation gateways to a single trading console for traders in fixed income securities and other investment instruments

For more information on Gissing Software products visit: www.gissing.com

Contacts

Alison Robb
Write Image Ltd
Tel: +44 (0) 20 7959 5400
alison.robb@write-image.co.uk

Peter McKenna
Gissing Software
+44 (0)20 8466 8350
peter.mckenna@gissing.com