The Company provides deep domain and technical expertise in the delivery and management of various technologies widely used within the capital markets industry including; kdb+, Calypso, Murex, Summit, OpenLink, Wall Street Systems and others. The Company has over 600 consultants working with over 100 clients globally. These engagements cover all aspects of banking and finance from strategic review of data management practices in "change the bank" programmes through to day-to-day operations and "run the bank" demands including assisting financial institutions to meet their regulatory and compliance obligations.

Based at the Company's offices in Sydney, the Company will seek to build upon the excellent reputation it derived from the successful build and implementation of a custom based market surveillance system for the Australian Securities and Investments Commission as well as the deployment of its Delta Surveillance software to Yieldbroker, an electronic marketplace for Australian and New Zealand debt securities and derivatives.

Bill Dowling, Director – First Derivatives Pty Ltd "We are excited about the opportunities that the expansion of our consulting division to Australia will bring. It allows us to accelerate our growth plans in the region by leveraging the Group's global presence and expertise in consulting and vendor services technologies. We look forward to bringing our experience and know how, allowing us to build upon our success to-date. We believe that our capabilities in application services and managed services, as well as market surveillance, will further address demand in the market today. Capability through deep subject matter expertise, capacity through cost effective teams and focused managed services, this is what our clients are asking for in today's tough market. We have the ability to deliver against this."