Global deals bolster Coexis headcount to 100 employees

London 17 June 2008 — London and New York based Coexis, a global provider of software for capital markets, announced today that following growth in demand for its next generation Syn software, the company has doubled its headcount in the last year to 100 employees.

Coexis operates in multiple locations including New York, Hong Kong, Singapore and Paris with a number of major investment banks and brokers who are implementing Syn applications for multi-site middle and back office securities processing, enterprise-wide reference data management, multi-exchange and multi-CSD (Central Securities Depository) solutions.

“Syn is increasingly recognised as the most modern suite of applications capable of delivering high STP/STEP (Straight Through Exception Processing) rates using automated interfaces and integrated real-time workflow and monitoring,“ said CEO, Sunil Shah. “A critical element of maintaining this lead is our on-going investment in technology and employing the right people to further research and development as well as service new clients.”

In addition, Coexis' partner in Asia, Hong Kong-based Serisys, has recently opened additional offices in Singapore and Tokyo which has extended the global support for Syn.

Coexis has a strong pipeline of opportunities globally and continues to recruit personnel across multiple disciplines.

About Syn and Coexis  www.syn.com
Coexis, the creator of Syn®, provides next generation software technology and applications which meet the dynamic business needs of the Global Capital Markets. Syn is built using current state-of-the-art technology and engineered specifically to solve the market need to process exceptionally high volumes. With their unique rules-based and application lifecycle approach, Syn solutions allow organisations to re-engineer and automate business processes and provide the perfect alternative to high cost bespoke solutions or rigid off-the-shelf packages. Coexis solutions include SynBroker, SynSettlements, SynCustomer, SynFunds, SynStruct and SynClear.

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Press contact: Salli Roskilly Saffron Communications Limited
T: +44 (0)1763 208708 
E: salli(at)saffroncoms.com

Further information from:

Sunil Shah, chief executive officer. Coexis Limited
1 High Street Rickmansworth Herts WD3 1ET UK 
T: +44 (0)1923 720477  E: sunil.shah(at)coexis.com

Roy Staines, managing director US operations Coexis Inc
75 Broad Street New York NY 10004  USA 
T: +1 646 649 9380 E: roy.staines(at)coexis.com