Linedata Hosting Implemented at SunTrustGoes Live with Hybrid ASP Solution

  
    
  
  
    
      Linedata Services (Bloomberg: LIN.FP), announced today that a unit and 
      certain affiliates of SunTrust Banks Inc. (“SunTrust”) are live on 
      LongView Trading Order Management System (OMS) and Linedata Compliance, 
      using Linedata Services’ new Linedata Hosting solution.
    
    
      Linedata Hosting gives clients a hybrid of an enterprise-like 
      installation, where clients license the software and control it 
      themselves, and ASP delivery, where clients access the system via a 
      web-based deployment from a service provider’s facility. SunTrust is 
      live on an enhanced Linedata Hosting solution with Linedata hosting the 
      entire IT infrastructure for LongView OMS and Linedata Compliance at its 
      data center in Boston, and includes managing the interfaces, custom 
      development, and providing dedicated support and IT staff for both 
      products.
    
    
      “This go-live represents another significant first for LongView OMS, 
      continuing its long string of innovations in the electronic trading 
      marketplace. With Linedata Hosting, the SunTrust unit and affiliates 
      retain control over the system, while deferring a large portion of the 
      overhead and expense of managing the platform,” said Annie Morris, 
      Managing Director of Linedata in North America. “This offers users the 
      advantage of both ownership and ASP delivery, giving them the best of 
      both worlds.”
    
    
      The deal spans multiple divisions and lines of business at SunTrust, 
      across offices throughout the Southeastern and Mid-Atlantic regions of 
      the United States. The deal puts the LongView OMS and Linedata 
      Compliance on the desktops of users in GenSpring Family Offices, 
      SunTrust Bank’s Personal Asset Management group, and RidgeWorth Capital 
      Management, Inc, which combined services affluent, wealthy, high net 
      worth and institutional clients.
    
    
      This new deal builds on a relationship that Linedata Services has had 
      with SunTrust for more than four years.
    
    
      “Linedata Hosting enhances the overall quality of these products, while 
      lowering our overhead,” said Sean Porrello, RidgeWorth’s Director of 
      Investment Technology. “With this arrangement, resources are free to 
      focus our efforts on superior client service and investment performance. 
      Linedata Services takes care of everything else.”
    
    
      Notes to Editors
    
    
      About Linedata Services
    
    
      Linedata Services (Bloomberg: LIN:FP) is the global leader for 
      investment software, solutions, and support. Linedata combines 
      technological innovation, financial strength, and a deep understanding 
      of the Asset Management, Leasing & Credit Finance, and Insurance & 
      Savings industries. Linedata Services’ asset management division 
      provides comprehensive, scalable solutions to the buy-side, to manage 
      the entire investment process from pre-trade to post-settlement. 
      Linedata is unique in offering a full front- to back-office solution via 
      enterprise installation, or as an Application Service Provider 
      (“software as services” or “service bureau” delivery), and has 20 years 
      experience delivering ASP solutions.
    
    
      Headquartered in France, Linedata Services achieved revenues of EUR 
      164.8 million in 2007, has offices worldwide and services more than 800 
      clients across 50 countries. For more information visit Linedata 
      Services corporate site at www.linedata.com.
    
    
      About SunTrust Banks Inc.
    
    
      SunTrust Banks, Inc., with total assets of $177.4 billion on June 30, 
      2008, is one of the nation’s largest and strongest financial holding 
      companies. Through its banking subsidiaries, the company provides 
      deposit, credit, trust, and investment services to a broad range of 
      retail, business, and institutional clients. Other subsidiaries provide 
      mortgage banking, brokerage, investment management, equipment leasing, 
      and capital market services. Atlanta-based SunTrust enjoys leading 
      market positions in some of the highest growth markets in the United 
      States and also serves clients in selected markets nationally.
    
    
      About LongView Trading Order Management System (OMS)
    
    
      LongView Trading is Linedata Services’ powerful, electronic, global, 
      multi-asset class OMS developed to support the needs of portfolio 
      managers, traders, compliance officers and operations personnel. The 
      comprehensive system provides portfolio modelling, electronic trading, 
      pre-trade compliance and unparalleled access to liquidity. Through 
      numerous partnerships and seamless integration, LongView offers 
      customers access to the liquidity sources of their choice. Unique 
      technology and a commitment to broker neutrality has won LongView ten of 
      the top 25 global asset management firms, and more than 150 clients 
      worldwide. It has also won the loyalty of all its clients, which named 
      the platform Best Buy-Side OMS for 2008.
    
    
      About Linedata Compliance
    
    
      Linedata Compliance is a global, enterprise-wide compliance monitoring 
      and breach management solution that focuses on the complex business 
      requirements and workflows of compliance officers, asset managers and 
      fund administrators. The robust, real-time system offers advanced pre- 
      and post-trade compliance checking, comprehensive monitoring and 
      flexible reporting capabilities across all markets, regulatory agencies 
      and asset types. Linedata Compliance also provides comprehensive 
      monitoring of investment restrictions including client, firm, 
      prospectus, and regulatory mandates.
    
    
      Linedata Compliance offers unrivalled speed, flexibility and scalability 
      by using an N-tier, multi-threaded architecture. Linedata compliance is 
      both a scalable, and an affordable solution or firms of all sizes; the 
      system may be operated as a stand-alone compliance product or integrated 
      with existing front and back office systems, and is offered both as a 
      hosted (ASP) and deployed solution.