Deutsche Banc Alex. Brown Incorporates Derivatives.com in Product Mix
Online Trading and Risk Management System to Be Delivered To Global Equities Clientele

NEW YORK, June 12 /PRNewswire/ -- Imagine Software, Inc., the leader in derivatives trading and risk management systems to banks and brokerages, announced that Deutsche Banc Alex. Brown has chosen Derivatives.com -- Imagine's new web based service -- as a supplier of derivative trading analytics and portfolio risk management systems, fortifying the suite of products offered by Deutsche Bank's Global Equities Division.

This arrangement is an innovative step forward in the rapidly expanding and highly visible Application Service Provider industry, enabling Deutsche Banc Alex. Brown's clients to use Derivatives.com on the Internet for derivatives trading analysis and risk management.

Until now, this premier service has been available only to the largest financial institutions with the Imagine Trading System. Deutsche Banc Alex. Brown and its affiliates have been using the customized software application for its proprietary trading since 1996. By including the new Web-based Derivatives.com in its package of services, Deutsche Banc Alex. Brown is delivering technology to its equity clientele that was once beyond their reach.

James Rowen and Jon Hitchon had the following comments: "Derivatives.com gives our customers the tools they need to trade and manage risk effectively and successfully. For institutions like hedge funds, it's a quick and complete package."

Rowen further added "Derivatives.com is a strategic addition to our full complement of value-added client focused services and products."

Derivatives.com is a Web-based real-time trading and risk management system for analyzing equity and fixed income instruments. It delivers the functionality of the Imagine Trading System in a cost-efficient and Internet-accessible application. Derivatives.com also performs many middle and back office services, including corporate actions maintenance, daily event processing and standard pricing curve generation. Derivatives.com delivers Reuters real-time market data, is powered by Sun Microsystems servers and software, and provides RSA Security user-authentication.

"This is the beginning of a new era," says Steven Harrison, President of Imagine. "Cost is no longer a barrier to access the powerful analytics necessary to trade sophisticated financial instruments. Our Internet ASP empowers users to increase the size and number of their positions, which is attractive to both the buy and sell side." Users of the new Derivatives.com are available for interview.

Imagine Software, Inc. was founded in 1993 and is the developer of the Imagine Trading System used by global banks and brokerages. The company serves clients through its offices in New York, London and Hong Kong.

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