Partner Agreement

RNS Number:3582R
Raft International PLC
28 October 2003


28 October 2003
           

            Raft International plc ("Raft International" or "Raft")

            Partner Agreement with SunGard Trading and Risk Systems

Raft International today announced a partnership with SunGard Trading and Risk
Systems, an operating group of SunGard (NYSE:SDS) to deliver a complete
operational risk management solution.

The SunGard/Raft partnership responds to the industry's need for a complete
solution that marries the proven consulting and project delivery methodology
from SunGard's EnFORM consulting operating unit with Raft International's award
winning, raft radar software for operational risk management

raft radar is used by premier financial institutions for the capture, tracking
and eventual reconciliation of loss events with a process, risk and control
environment within an organisation. raft radar provides the four key principles
of operational risk; control self-assessment, key performance reporting,
incident/event management, and scorecard based capital allocation.

Bill Popp, executive vice president, SunGard Trading and Risk Systems, said,
"Through SunGard's financial staying power and proven, demonstrable track record
of on-time, on-budget implementations, and this partnership, SunGard will now be
able to provide a complete operational risk solution to help clients solve their
regulatory and capital allocation requirements and provide a reliable picture of
their operational risk exposures.

David Priestley, chairman of Raft International, said, "The partnership with
SunGard demonstrates our long-term commitment to this industry, it provides a
global reach, strong, focused sales and marketing capability and the security of
having one of the largest risk management software companies behind our
solution."

                                    - ENDS -

Press Enquiries:
Derek Hall, CEO  Raft International plc        + 44 (0)20 7847 0400
Shane Dolan      Biddicks                      + 44 (0)20 7448 1000




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