Macgregor to Launch New Enterprise Compliance Solution at SIA Technology 2005; Breakthrough Performance, Easy Integration, Natural Language Rule Building and Affirmative Reporting Define New State-Of-The-Art Solution.

BOSTON -- Macgregor(R), a leading provider of execution process technology for the global financial community, today announced it will launch its new state-of-the-art Macgregor XIP Enterprise Compliance solution at this year's SIA Technology Management Conference in New York. Scheduled for release on June 28th, XIP Enterprise Compliance will be available on a stand-alone basis and later this summer as an integrated component of the Macgregor XIP Order Management Network(TM) (OMN(TM)).

XIP Enterprise Compliance is a comprehensive compliance control and reporting solution that supports all asset types, investment products and the unique requirements of mutual funds, hedge funds, institutional accounts, and high net worth retail accounts.

Its patent pending architecture makes XIP Enterprise Compliance the first and only compliance solution with the power to support time-of-trade testing of all regulations, firm policies and customer guidelines throughout all phases of the investment process.

Compared with current compliance solutions XIP Enterprise Compliance dramatically reduces implementation costs and timeframes with natural language rule building that requires virtually no training, an advanced database design and the most modern integration technologies including XML, MSMQ and ETL tools. It is also the only compliance solution available that can support the latest record keeping and reporting demands of the SEC including affirmative reporting.

Michael Woodward, Vice President of Strategic Development stated: "We have built a portfolio compliance solution that will scale to the needs of the largest global asset managers yet still be easy for firms of all sizes to implement. XIP Enterprise Compliance provides the greatest possible control with the least possible disruption to the investment process. We achieved this using advanced technology, a team of business experts and the help of our clients. We are excited to release XIP Enterprise Compliance and are confident it will set a new standard for portfolio compliance solutions."

For more information on Macgregor XIP Enterprise Compliance visit www.macgregor.com or stop by Booth #2609 at the SIA Technology Conference next week in New York.

About Macgregor

Founded in 1991, Macgregor(R) has set the standard in execution process technology for the global financial community with the Macgregor XIP(TM) Order Management Network(TM) (OMN(TM)). XIP combines powerful portfolio management, compliance, trading and post-trade applications with a fully integrated and supported financial services IP network. By connecting all internal systems and external parties involved, XIP enables buy-side firms to execute their investment decisions with unprecedented speed, accuracy and efficiency resulting in improved investment performance. For sell-side firms, custodians and other service providers, XIP provides a unique mechanism for quickly and efficiently delivering services to our buy-side users' desktops.

With offices in Boston, New York, London and Madrid, Macgregor helps nearly 400 firms experience the unique efficiencies and power that can only be achieved through a large, diverse and well-connected community of users. For more information on Macgregor visit www.macgregor.com.