Cash Management Poised to Change Dramatically in Europe and Asia, Says New Report From Meridien Research.

Business/Technology Editors

NEWTON, Mass.--(BUSINESS WIRE)--June 17, 2002

Competition and revenue pressures are driving financial institutions in Europe and Asia to seek out Internet-based cash management systems according to a new report from Meridien Research. International cash management solutions that serve multiple business segments from a single platform will achieve better investment and market objectives and several vendors have this growing market clearly in their sights.

"Financial institutions strapped with legacy cash management systems or implementing cash management for the first time will be seeking flexible adaptive solutions that allow them to achieve return on investment more quickly," said Maggie Scarborough, Senior Analyst at Meridien Research. "Adoption of next generation platforms in the next 18-24 months will tell whether or not one package can serve all."

"One Package for All? International Cash Management - Europe and Asia" is a comprehensive look at the marketplace for international cash management software and profiles the issues and vendors involved in this dynamic space. The report also contains a look into the future. More information on purchasing this report can be obtained from [e-mail] or by calling 617-796-2800.

About Meridien Research

Meridien Research of Newton, MA, provides analytical research services to users and providers of financial industry technology. Meridien Research targets three technology areas of strategic importance to financial services firms: eFinancial Services, Trading & Risk Management and Customer Relationship Management. Each practice delivers reports detailing new issues and challenges and uses its knowledge to advise clients on technology related decisions. Visit www.meridien-research.com/press to register for announcements as new research becomes available. For media relations, contact Parallax LLC at 781.235.7025 or [e-mail].