Thomson Financial Unveils Oneva Trade EQ V6.0; New Version Supports Quicker Trading Decisions Through Enhanced Aggregation Of Data And Workflow Ease.

Business/Technology Editors

BOSTON--(BUSINESS WIRE)--Nov. 26, 2001

Thomson Financial today announced the availability of Oneva Trade EQ (v6.0), a significantly enhanced version of its buy-side equity order management system. Oneva Trade EQ v6.0 stresses improved access to and organization of information, and is largely focused on trade blotter enhancements and greater integration of real-time pricing. Approximately 50 buy-side firms are Oneva Trade EQ clients, including Salomon Smith Barney, Reams Asset Management, Rothschild Asset Management and Commerce Asset Fund Managers Sdn. Bhd. (Malaysian-based investment manager).

"Oneva Trade EQ is more than a routine system upgrade. We've made extensive user interface and workflow enhancements, all centered around improving the speed and performance of trading decisions," said Thomson Financial's Portfolio Solutions Group Director of Product Management, Christen (Christy) Bremner.

Using Oneva Trade EQ v6.0, traders can configure their blotter window to provide multiple, simultaneous views. Each open blotter view is actionable, and displays data configured by each user. For instance, the Update Blotter allows traders to quickly identify and track any new or updated orders. A Summary Blotter can also be utilized simultaneously, enabling traders to view block trades summarized to one line item on the blotter, with the ability to drill down to details underlying any individual order. This flexibility lets traders place particular orders in summary mode, while leaving others expanded, in detail mode. "Multiple, user-defined blotters that display data specified by each trader for their own purpose, makes Oneva Trade EQ v6.0 a very powerful tool," said Thomson Financial's Portfolio Solutions Group Product Manager for Trading, Kristine Maw. "A user can quickly scan and act on open blotter views that display orders allocated for a given day, orders assigned to a particular trader, or all the orders being worked on by a particular broker or portfolio manager."

The ability to incorporate remarks on the blotter, also allows portfolio managers and traders to share and view information on a particular order. Traders can customize a "Favorites List" of blotter views, making it easier to change blotters without scrolling through an exhaustive, firm-wide list. The blotter has also been redesigned to allow traders to make edits directly in the blotter grid. For example, the ability to enter executed quantity and price directly in the blotter means traders can reduce the time it takes to update orders with executions. When used in conjunction with a new auto-allocation feature, traders can enter their executions on the blotter and Oneva Trade EQ will process the allocation in real-time.

A real-time pricing engine allows traders to integrate pricing data into the blotter view. Traders can choose the appropriate data source for each security type or security, among a dozen vendor connections. The ability to plug real-time prices in modeling, also gives traders more accurate results in base market value calculations. Traders can utilize 18 new pricing related blotter columns to create a watch list that tracks prices on a real-time basis for favorite securities.

Just prior to the v6.0 roll-out, Thomson Financial added the ability to receive and monitor indications of interest, as well as display IOIs on the blotter relative to existing orders. Traders can quickly turn these IOIs into orders, and Oneva Trade EQ will create a broker assignment to streamline order routing via FIX, as well as automatically allocate orders for FIX assignments. Other FIX enhancements include the ability to accept unsolicited execution notices. NOEs are electronically routed to Oneva Trade EQ for trades entered into an ECN or through a broker.

Portfolio managers, traders, operations personnel and technologists at investment and financial firms worldwide leverage the market leading systems, services and content from Thomson Financial. These solutions, each recognized by clients for their contribution to top line growth and reduction in operating costs, include PORTIA, for portfolio analysis and management; Oneva Trade EQ, for equity order management and execution workflow; Oneva Trade FI, a fixed income order management system; and Oneva Perform, for performance measurement and attribution analysis.

Brokers and fund managers rely on Thomson Financial as their trusted institutional source for real-time quality content, advanced technology and applied intelligence. By providing the deepest breadth of complete, modular, interoperable and best-of-breed offerings available, clients benefit from solutions built for the way they do business. Through its Portfolio Solutions Group, Thomson Financial meets the evolving business goals of the world's most sophisticated money managers with integrated, global investment management systems technology and services that define new standards for excellence, automation and e-information solutions. The Portfolio Solutions Group serves more than 500 money managers in 40 countries, managing nearly US$4 trillion in assets. For more information, visit www.TF-PortfolioSolutions.net.

About Thomson Financial

Thomson Financial is a US$2 billion provider of information and technology solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation (www.thomson.com), a leading global provider of integrated information solutions for business and professional customers. The Corporation reported 2000 revenues of approximately US$6 billion and its common shares are listed on the Toronto and London stock exchanges (TSE:TOC).