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Cygnifi Announces Strategic Global Relationship With Garban-Intercapital; World's Leading Derivatives, Securities and Money Broker to Provide Cygnifi Access to Direct Market Data.


Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 31, 2001

Further Validates Strength of Cygnifi's Business Model

Cygnifi, an independent online derivatives services provider for the financial community and corporations, announced that it has entered into a strategic global relationship with Garban-Intercapital. Garban-Intercapital, the world's leading derivatives, securities and money broker, will provide direct market data for Cygnifi's pricing and valuation services.

Cygnifi Will Be granted access to all Garban-Intercapital data (real time and snap-shot), as well as to Garban-Intercapital traders and trading desks located in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, London, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov.  and Sydney.

"Due to Cygnifi's already proven high quality of service, as well as their growth potential, we have chosen Cygnifi to be our strategic partner," said Declan Kelly Declan Kelly is the current Irish Ambassador to Canada, succeeding Martin Burke.

Married to Anne Bernadette Kelly, he gave the 2007 convocation address at St. Thomas University in New Brunswick[1]
, Executive Director at Garban-Intercapital. "We feel this relationship is important because valuable derivative data can now be distributed to a broad segment of users. By utilizing this new technology, we will assist client banks and corporations in improving the timeliness and accuracy of their risk management and settlement operations."

"This relationship with Garban-Intercapital further confirms Cygnifi's commitment to provide the highest quality risk management products and services to a broad universe of users," said Jay Helvey, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and Chairman of Cygnifi. "By combining Cygnifi's sophisticated analytics with Garban-Intercapital's world class market data, we are addressing one of the biggest challenges our clients face. This new relationship reconfirms Cygnifi's strategic mission to provide our clients with the best and most comprehensive array of derivatives services based on `best of breed' analytics and data."

About Cygnifi

Founded in February 2000, Cygnifi.com is an independent online derivatives services provider for the financial community and corporations. Cygnifi, a JP Morgan spin-off, offers easy access to sophisticated derivatives risk management capabilities as a state-of-the-art application service provider (ASP) to traders, asset managers, risk managers, corporate treasurers, and other professionals. Covering both market and credit risk, Cygnifi's on-line tools and services for pre-trade pricing, independent portfolio valuation, counterparty credit, and collateral risk management are offered to customers via subscription. Cygnifi also improves the control, transparency and understanding of the marketplace by offering access to trained professionals that can help subscribers analyze and value their portfolios Cygnifi is headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, with additional operations in London and Tokyo. For more information, please visit www.cygnifi.com

About Garban-Intercapital

Garban-Intercapital plc (GBN GBN Global Business Network
GBN Glenbrook North High School (Northbrook, Illinois)
GBN Go Back N (N = number to go back)
GBN GoBizNow.com
GBN Global Benchmarking Network
.L) is the world's leading securities, derivatives and money broking Bro´king

a. 1. Of or pertaining to a broker or brokers, or to brokerage.
Redeem from broking pawn the blemished crown.
- Shak.
 business with daily transaction volumes in excess of $200 billion.

In the interest rate derivatives market Garban-Intercapital is the market leader in Europe, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  and Australia and in September created a combined business with Totan who are market leaders in Tokyo. In February 2000 Garban-Intercapital launched ETC ETC - ExTendible Compiler. Fortran-like, macro extendible. "ETC - An Extendible Macro-Based Compiler", B.N. Dickman, Proc SJCC 38 (1971).  - the Electronic Trading This article or section is in need of attention from an expert on the subject.
Please help recruit one or [ improve this article] yourself. See the talk page for details.
 Community. This platform allows traders at major banks and investment houses to transact deals interactively via a private extranet or the Internet. More information can be found at www.garban-intercapital.com
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUUK
Date:Jan 31, 2001
Words:478
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