Xenomorph To Provide Dadd Dividends And Index Data Through Timescape

London, 25 October 2004 - Based Xenomorph is to integrate DaDD dividend forecasts and index constituent data into TimeScape, its enterprise data management and analysis suite. This improvement will make it easier for Xenomorph's customers to utilise DaDD Dividend Forecast data in their equity derivatives models.

DaDD, recently acquired by Mark-it Partners, is widely accepted as providing the best source of individual dividend forecasts and ex-dividend dates, up to 4 years ahead. DaDD is used by the majority of the major investment banks, equity derivatives and index traders, and increasingly, by hedge funds and asset managers.

The deal also includes providing the latest constituent data for virtually any commercially available index or ETF, via The Index Management Service (TIMS), operated by DaDD.

Xenomorph has recognised financial institutions' increasing use of derivatives and other quant products. This move gives them an edge by providing the right functionality, coupled with accurate data inputs.

Xenomorph and DaDD have already signed a substantial asset management house, which uses derivatives.

John Price, Managing Director - DaDD said "We are delighted that Xenomorph is making it so easy for their clients to access our data. Now for the first time asset managers can acquire everything they need to trade indices and equity derivatives through a single platform."

Greg Johnson, Director - Xenomorph said " Dividend forecast data is becoming a more important issue to financial institutions and we are delighted to be working with DaDD to provide this to our clients. It is another example of how TimeScape integrates multiple data sources and provides simple, but highly powerful tools for retrieving and analysing large volumes of financial market data."

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Notes to editors

About Mark-it Partners

Founded early in 2001 with the support of contributing data partners ABN AMRO, Bank of America, Citigroup, CSFB, Deutsche Bank, Dresdner Kleinwort Wasserstein, Goldman Sachs, JP Morgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, TD Securities, and UBS, Mark-It Partners currently receives daily credit default swap (CDS) pricing on over 4,000 issues and receives pricing on over 27,000 cash securities. Partner banks and contributing data providers now total over 40 institutions globally. These institutions feed current and historical credit data into the Mark-it Partners system on a daily basis, facilitating better decision-making and credit risk management within banks' credit operations.

About DaDD (The Dividend and Derivatives Directory)

DaDD is the only provider which forecasts the individual dividend amounts and ex-dividend dates up to 4 years ahead, for the top 4000-5000 global equities. DaDD dividends are used by the majority of investment banks, derivatives and index traders. DaDD data is also used by derivatives exchanges such as Euronext as a key input into options pricing and margining.

DaDD also provides The Index Management service (TIMS) which consolidates the latest constituents of virtually every commercially available index or ETF. Not only does TIMS provide access to a vast coverage but carries out rigorous cross checking and validation before the indices are released and reflects the latest composition at market opening, including overnight changes.

DaDD has recently been acquired by Mark-it Partners. Mark-it Partners provides a vast range of Credit, Loan and OTC Derivatives data, which is contributed daily by the main investment banks. Market Partners shareholders include ABN Amro, Bank of America, CSFB, Citigroup, Deutsche Bank, Dresdner Kleinwort Wasserstein, Goldman Sachs, JP Morgan, Lehman, Morgan Stanley, Merrill

About Xenomorph

Xenomorph is the leading provider of enterprise-wide data management and analysis solutions to the equities, fixed income, credit and derivatives markets. Clients of Xenomorph's solutions include global investment banks, major asset management companies and hedge funds across the world's main financial centres, where they are used by traders, risk managers, quantitative analysts, IT and back-office staff.

Xenomorph's TimeScape solutions unite data management, connectivity and analysis, accelerating decision support, risk analysis and financial product innovation, all within a consistent framework that is able to meet the latest regulatory requirements.

For more information on Xenomorph's clients, services and solutions, please see www.xenomorph.com.

Xenomorph and TimeScape are registered trademarks of Xenomorph Software Limited. Other product and company names herein may be trademarks of their respective owners.