GoldenGate Software Announces Solution for Implementing MiFID Trade Reporting, Transaction Reporting and Trade Reconstitution

GoldenGate Software Transactional Data Management (TDM) solution showcased at the Finexpo technology event for investment banks and capital markets institutions in London

London - January 24, 2007 -

GoldenGate Software Inc., the leading provider of transactional data management solutions, has announced the ability of its GoldenGate Transactional Data Management (TDM) platform to quickly and effectively support implementation of some the more complex and important requirements of the Markets in Financial Instruments Directive (MiFID). GoldenGate TDM enables organisations to easily and non-intrusively address MiFID reporting and trade reconstitution problems arising from the disparate data stores, reporting systems and manual processes that are in operation in most financial firms today.

GoldenGate Software will be showcasing their solution at Finexpo 2007, a technology event for investment banks and capital markets institutions, taking place in London on 24 th January 2007. At the event, GoldenGate will be offering sell-side and buy side firms impacted by MiFID an opportunity to discover how quickly and easily requirements for transactional data integration, consolidation, publishing and reporting can be addressed without major system overhaul.

Commenting on GoldenGate's technology and its ability to help with MiFID compliance, Nigel Matthews, EMEA Business Development Director for Capital Markets at Oracle, said: "The combination of GoldenGate technology and Oracle Database 10 g provides firms with a cost effective solution for capturing dynamic trade data and reference data from disparate, heterogeneous sources in real time. The composite trade data captured and collated by GoldenGate can be applied to one or more Data Stores for immediate publication of post-trade information, regulatory transaction reporting, as well as for record reconstitution and long-term data retention."

GoldenGate is a Certified Member of the Oracle PartnerNetwork.

The GoldenGate solution is geared towards implementing for MiFID's Post Trade Transparency requirements, which cover Trade Reporting, Transaction Reporting and Record Keeping. Post Trade Transparency requirements are highly likely to be subject to fines from regulators. "Firms should not underestimate the magnitude of capturing and collating data to populate reports, particularly for trade reconstitution purposes," said André Ros, Director of Business Development at GoldenGate Software. It will therefore be crucial for IT departments to be able to manage multiple sources of diverse data, handle high volumes of data and be able to move it, preferably in real time, to the appropriate reporting databases without losing transaction boundaries and trade data integrity."

The GoldenGate Transactional Data Management technology platform provides firms the ability to capture transaction and reference data from multiple source systems in real-time and then immediately apply that data to one or more data stores. The architecture of the GoldenGate solution was designed to be non-intrusive on operational source systems and can be easily deployed with a firm's existing database infrastructure. It does not require any changes to be made to existing applications and can be implemented in just weeks, relieving pressure on busy IT departments.

The GoldenGate solution works with the world's most popular databases including Oracle, Sybase, IBM, Microsoft and others. Additionally, GoldenGate Software has more than a decade of experience providing real time data integration solutions for many of the world's leading financial services and transaction processing companies, including ABN-AMRO, Bank of America, CIBC, HSBC, LG Card, LINK Interchange Network Ltd., Merrill Lynch, Polcard, TSYS, Visa and others.

André Ros continued, "Essentially, any IT measures that firms implement in order to meet the requirements of MiFID within the November 2007 deadline will need to be as simple and non-intrusive as possible, both from a human resources perspective and from an IT infrastructure perspective." He explained, "From a resources point of view, no firm wants to throw an army of people at a project that is designed to preserve the status quo, rather than advance the business. From the IT point of view, the ideal solution will be one that can be implemented quickly and easily and without necessitating complex changes to the application, database or middleware level."

For further information on GoldenGate or to download the GoldenGate white paper entitled "A unified front-end for MiFID Trade Reporting, Transaction Reporting and Record Keeping without impacting existing application layers", please visit: www.goldengate.com .

About the Oracle PartnerNetwork
The Oracle PartnerNetwork is a global business network of more than 19,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Oracle Certified Partner level.

http://oraclepartnernetwork.oracle.com

About GoldenGate Software

GoldenGate Software, Inc. is the market leader in Transactional Data Management (TDM). GoldenGate's solutions enable customers to effectively maximize the performance, accessibility, and availability of the transactional data that drives their mission-critical business applications.

Providing technologies for capturing, transforming, routing, delivering, and verifying data transactions in real-time and across major databases, GoldenGate helps organizations mitigate risk, reduce costs and increase revenues. Fortune 500 companies leverage GoldenGate solutions to manage critical initiatives for high availability/disaster recovery and real-time data integration.

With more than 300 customers worldwide, GoldenGate is used by industry leaders including ABN-AMRO, Bank of America, CIBC, HSBC, LG Card, LINK Interchange Network Ltd., Merrill Lynch, Polcard, TSYS and Visa. GoldenGate broadens its global market reach through relationships with ISVs and systems integrators including ACI Worldwide, GE Healthcare, Teradata - a division of NCR, Amdocs, Oracle, Microsoft, Eclipsys, and others. A private company, GoldenGate is headquartered in San Francisco and can be found on the web at www.goldengate.com .

GoldenGate is a registered trademark of GoldenGate Software, Inc. Oracle, JD Edwards, PeopleSoft, and Siebel are registered trademarks of Oracle Corporation and/or its affiliates. All other company names or marks mentioned herein are those of their respective owners.

Contact:
Robin Bulanti
Kulesa Public Relations/ for GoldenGate
robin@kulesapr.com
(650) 340-1986

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