In addition, Information Mosaic's advanced wealth management platform and custody system, converg-e, has been certified SWIFTReady Securities Settlement by the SWIFT Partner Management team.

John Byrne, Information Mosaic's founder and Chief Executive Officer, stated, "I am very pleased that our continuing investment in our products, and full commitment to this industry have been acknowledged by SWIFT. In the current environment, financial firms are not only looking for more ways to reduce risk and costs but also to increase efficiency. Through the application of the current and future ISO standards, both Information Mosaic and SWIFT are assisting the industry in achieving these goals."

cama has achieved SWIFTReady for Corporate Actions certification each year since 2004 and is being used by some of the world's largest financial institutions. cama's solution suite automates the complete corporate actions life cycle, from announcement management and cleansing, to entitlements, notifications, elections and allocations.

converg-e is a scalable platform specifically designed to address the demands of today's global investment services business. converg-e is a complete multi-entity, true multi-currency, modular solution with components that include trade order management, middle office support, client static data, fees and billing, and payments and settlements. All Information Mosaic solutions are deployed on the most modern, web-enabled architecture.

Information Mosaic's applications are implemented both as onsite solutions and in ASP-hosted environments. Among Information Mosaic's strategic partners is Broadridge Financial Solutions, Inc. (NYSE:BR), who deploys cama as the processing engine within its Global Corporate Actions Solution (GCAS) offering, a fully managed hosted service for automating the entire corporate actions processing lifecycle. Broadridge, a SWIFT partner as well, has stated that it has seen an increase in SWIFT volumes and adoption in this area, especially within the brokerage community.

Gerard Bermingham, Information Mosaic's Vice President of Product Consulting, added, "The SWIFT organization, itself, is driving forward standards and improving the methods for expertise certification. The introduction of STaQs for corporate actions testing, for example, applies stricter qualification criteria for partners."

Herve Valentin, Senior Business Development Manager, Partner Management at SWIFT commented: "The award of the SWIFTReadySecurities Settlement label this year to converg-e - in addition to the Corporate Actions one to cama - demonstrates Information Mosaic's commitment to the SWIFTReady program year after year. Even more importantly, it says that customers are really at the centre of Information Mosaic's product strategy, as STP and compliance with market practices - promoted by the SWIFTReady program - are at the top of financial institutions' priorities to reduce risk.