CAF selects activebank

Financial Objects PLC
07 April 2008

Financial Objects plc

                                                             Seven Dials Village
                                                              45 Monmouth Street
                                                                   Covent Garden
                                                                          London
                                                                        WC2H 9DG

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                                                          F: [phone]

                                                                  www.finobj.com



       CAF selects activebank Wealth Manager to support charitable trusts

               CAF strengthens partnership with Financial Objects


London, 7 April 2008 - Financial Objects plc, an international supplier of
software solutions to the financial services sector, today announced that the
Charities Aid Foundation (CAF) will implement activebank Wealth Manager to
support its investment activities for charitable trusts.

CAF has signed an agreement to extend its relationship with Financial Objects,
positioning the company as its primary technology supplier across all areas of
its business. This is the third phase of an ongoing project with Financial
Objects, which will see the implementation of activebank Retail as the core
solution to support all of CAF's back office operations including the Give As
You Earn and Matched Giving schemes as well as its Charity Accounts and Trusts.

activebank Wealth Manager, a front and middle office portfolio management
system, will be implemented at CAF's Trust department which manages investment
portfolios for more than 2,000 charitable trusts. The Trust team is currently
seeing significant growth and needed a system that would allow it scale to this
volume of business.

As part of the project Financial Objects will develop a direct interface between
the activebank Wealth Manager and activebank Retail systems to enable the Trust
department to view both the investment positions of its customers as well as
their current accounts and cash.

"The beauty of activebank Wealth Manager is that not only will it help us to
achieve our growth plans, but it will provide us with a single customer view,"
said Sheila Hooper, marketing and private client director at CAF. "Having all of
the data in one place will be invaluable, enabling us to provide a much improved
service to our customers."

activebank Wealth Manager will practically eliminate the need for manual data
entry, which is currently required with CAF's existing system. Furthermore, as
the business grows it will enable the team to manage an increasing number of
charitable trusts without having to increase headcount. With client information
at their fingertips and the ability to produce client reports at the touch of a
button, the solution will enable the team to respond more quickly and
efficiently to client requests.

"The scope of this project is an excellent example of how Financial Objects'
expanded solution offering can assist clients in different parts of their
business," said Brent Randall, managing director of the Wealth Management
division at Financial Objects. "CAF's ongoing commitment to our partnership
demonstrates our ability to deliver innovative yet flexible solutions on
advanced Microsoft technology."


                                    - ends -


About CAF

CAF (Charities Aid Foundation) is the not-for-profit organisation which is
committed to effective giving, both in the UK and internationally. Its work
spans the full breadth of the charitable sector, wherever it can make a positive
difference to the level and impact of giving.

CAF promotes effective giving: for individuals, it makes donating to the causes
they care about simple and tax-efficient; for businesses, it can support every
aspect of their community involvement; and for charities, its services can help
them make the most of what is given. With over 80 years' experience and over £2
billion of funds invested in CAF's products, CAF offers thousands of charities
worldwide a total solution to their financial needs.

For more information visit: www.cafonline.org

About Financial Objects plc

Financial Objects is an international supplier of software solutions to the
financial services sector. It delivers innovative technology solutions for
banking, wealth management and risk management. A Microsoft Gold Certified
Partner, Financial Objects aims for its customers to benefit from new,
comprehensive, integrated products and services. It designs, develops and
continually enhances its software applications to meet both customer and
regulatory requirements.

Founded in 1995, Financial Objects has more than 500 customers and is listed on
the Alternative Investment Market (AIM) of the London Stock Exchange. It employs
more than 300 people across the world with headquarters in London, UK and a
research and development centre in Bangalore, India.

For more information on Financial Objects please visit www.finobj.com

Financial Objects
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