LatentZero Strengthens Professional Services With New Appointment

New York, Toronto, 30th October 2006 - LatentZero™, the leading provider of front office systems for the buy-side, has appointed Megan Costello as North America Head of Professional Services to lead the development and consolidation of the company's implementation processes in North America.

Costello is responsible for growing LatentZero's professional services group in North America, and for developing methodologies to ensure that the implementation service can be scaled effectively to match the company's increasing client base.

Costello joins LatentZero after more than fifteen years in the financial technology sector, the last seven being spent in professional services. Immediately prior to joining LatentZero, she was Director of America's integration services at OMGEO LLC, rising to Executive Director of global integration consulting. She has also held senior positions at Reuters America and TIBCO Finance Technology, having started her career at Thomson Financial Services Inc.

"LatentZero is a hugely exciting company to work for," says Costello. "From a product perspective it has a strong competitive edge as well as a commitment to delivering the best possible solutions to its clients. And I'm delighted to be working with such highly motivated and intelligent people who are focused on market-leading technology and innovation. Now that the company is a firmly established player in its market, there is a tremendous opportunity to develop and codify its implementation services so that they continue to match the quality of its products."

Gerry Gualtieri, Chief Operating Officer at LatentZero, said: "Megan's experience in this field is second to none and we are delighted that her unique blend of skills will now play such an important role in the company's development. Her appointment follows that of Nick Harrall as Global Head of the Professional Services Group based in our London office earlier this year, and is a key part of our strategy to ensure that our clients receive the best possible technology, market knowledge, consultancy, and ongoing services."

About LatentZero

LatentZero is a global technology firm that specializes in developing complete front-office solutions for the buy-side community. LatentZero's suite of products, known collectively as Capstone, is used by 8 of the world's top 10 asset management organizations. More than 3,500 portfolio managers, traders and compliance officers worldwide rely on Capstone to manage assets in excess of $8 trillion. For additional information, please visit www.latentzero.com.

Press Contacts

LatentZero
The Americas - Cindy Arcari
carcari@latentzero.com
+1 617.235.1003

UK and Europe - Melanie Smith
msmith@latentzero.com
+44 (0) 20 7462 4232

SPARX Communications (PR Agency)
Alastair Turner
alastair@sparxgroup.co.uk
+44 (0) 1753 893 000