DG Bank Selects Infinity's Montage Toolkits and Applications; New System Will Enable Compliance with European Capital Adequacy Directive.

MOUNTAIN VIEW, Calif--(BUSINESS WIRE)--March 20, 1995--DG Bank and Infinity Financial Technology, Inc. today announced the Bank's decision to standardize on Infinity's Montage Data Model, Fin++ Class Library and Montage applications.

Infinity is the leading provider of open software systems to the fast-growing financial services marketplace.

"We selected the Montage product line because it met our requirements on two critical fronts," said Dr. Thomas Goetz, project manager, Trading Support, DG Bank. "First, we needed tools that would allow us to quickly build a risk engine for the European Commissions Capital Adequacy Directive (CAD) reporting and for our own internal reporting. Secondly, we needed a toolkit for financial engineering for interest rate and equity derivatives. Montage provides us with both standard and customizable products. Its object-oriented approach will allow us to respond quickly to changing market requirements."

DG Bank plans to use Infinity's applications in building its customized risk system. The new system will be integrated with the Bank's existing front office systems running on SUN Solaris workstations, and will interface to Teknekron Software Systems' Teknekron Information Bus (TIB). The system is being developed and deployed in the Bank's Frankfurt headquarters. Initial users will be head traders, senior managers and middle office professionals responsible for defining risk parameters.

Roger Lang, chief executive officer, Infinity Financial Technology, Inc., said, "With the requirement to meet the European Commission's CAD, banks must put systems in place for reporting and compliance. Because Montage is a robust and extensible technology, it can be adapted to market needs in short timeframes. Our European team has been working closely with our clients to help them meet this challenge."

Willi Ufer, head of bonds and derivatives, DG Bank, said, "We undertook a thorough evaluation of the software packages available on the market, and found Infinity to be a wise investment for both the short and long terms. We wanted the software we used for the CAD to benefit our business in other ways. We needed an integrated product to broadly support risk management across asset classes -- interest rates, currencies and equities -- as well as to provide easy data access for running multiple analyses and reports on both an intra and end-of-day basis. Montage is a well-designed, well-architected product that meets our needs on all of these fronts."

The Montage product family consists of intuitive applications for trading and risk management, and software toolkits, which provide a technology platform for custom development. Software toolkits include the Montage Data Model, a warehouse for treasury data, and the Fin++ Class Library, a set of C++ financial objects. Front-end application packages include a suite of products to manage a trading operation of swaps, caps/floors, FRAs, swaptions, bonds, futures, futures options, foreign exchange and money markets. Montage integrates object-oriented programming and relational database technology within a client/server architecture.

DG Bank is the central financial institution of the entire German cooperative system. Together with the regional cooperative banks and the specialist companies in the cooperative financial network, it enhances the competitive strengths of Germany's local cooperative banks (Volksbanken and Raiffeisenbanken). At the end of 1994 there were more than 2,500 local cooperative banks in Germany with approximately 20,000 offices. More than half of them are directly affiliated to DG Bank, which provides them with products and services, particularly in lending business, securities and capital market operations, foreign business, money and foreign exchange dealing, corporate finance and payments transactions. DG Bank has 21 offices in Germany and 15 offices at key financial centers in Europe, the US and Asia.

Infinity Financial Technology, Inc. develops sophisticated software applications and toolkits for the global financial community. As a pioneer in the integration of object-oriented programming and relational database technology, Infinity has established itself as the leading provider of extensible software solutions for capital markets and treasury operations. Since Infinity's founding in 1989, the cornerstone of the company's strategy has been to provide a technology platform that empowers clients to move their systems forward with the evolving business environment. Built to anticipate market growth and change, Infinity's products offer a clear competitive advantage in the fast-paced world of global finance. Infinity's clients are among the world's major financial institutions, including ABN AMRO Bank, Bank of Montreal, CIBC/Wood Gundy, Chase Manhattan Bank, Chemical Bank, IBM Japan, National Australia Bank, Price Waterhouse, Sanwa Financial Products and Smith Barney Inc. Infinity can be reached at 2001 Landings Drive, Mountain View, CA 94043 USA. Tel: [phone]. Fax: [phone].

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Note to Editors: Montage is a registered trademark of Infinity Financial Technology, Inc. All other trade names are trademarks or registered trademarks of their respective holders.

CONTACT: Infinity Financial Technology, Inc., Mountain View

Christina Fuller, 415/940-6100

E-mail: [e-mail]

Cole Communications

Calisa Cole, 415/324-3152

E-mail: [e-mail]

DG Bank

Dr. Thomas Goetz, [phone] REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-330-5311 or

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