SBYN Seebeyond Technology Corp (MM)

End-to-End Trade Flow Monitoring Capability Provides Reduced Operational Risk, Enhanced Transaction Visibility and Increased Compliance Responsiveness for Securities Sector SeeBeyond (Nasdaq:SBYN), provider of the world's first fully integrated composite application network suite (SeeBeyond ICAN Suite) for the deployment of advanced integration and composite application solutions, today announced that it will be showcasing its Financial Services Service-Oriented Architecture ("SeeBeyond FS-SOA") offering at this week's SIA 2005 Technology Management Conference being held June 21-23 in New York, NY. Leveraging the SeeBeyond FS-SOA offering and working in collaboration with Sun Microsystems, SeeBeyond will highlight an end-to-end trade flow monitoring solution addressing common business issues facing securities firms today including operational risk management, near-time reconciliation and audit and compliance support. To remain competitive in this marketplace, securities firms must adopt a proactive position on trade management, from the ability to model trade flows, to capturing essential trade data, to reporting on the critical performance indicators of the business. The ability to do this makes a firm more responsive to its customers, provides it with critical insights into how its business operates, and alerts the firm to bottlenecks in the trading process prior to reaching a critical stage. Leveraging SeeBeyond's integration and composite application development platform and Sun's portal and identity management technology, securities firms can address these common business issues, providing their businesses with a single point of access to time-critical information related to core financial trading transactions. "Many financial services organizations today require the lower cost and risk alternative that comes with pre-built components built on a services-based architecture. The combined solution framework from Sun and SeeBeyond provides financial services organizations the ability to leverage core technology assets at lower cost, yet at the same time deliver customizable components to meet unique requirements," said Larry Scott, Vice President of Global Financial Services for SeeBeyond. The SeeBeyond trade monitoring solution is based on the SeeBeyond Integrated Composite Application Network Suite (SeeBeyond ICAN Suite), a standards-based integration development and deployment platform, and is offered as part of the SeeBeyond FS-SOA offering. The trade monitoring solution provides a graphical dashboard, transaction statistics and operational reporting and integrates seamlessly with third party portal identity management technology such as that from Sun. For more information about SeeBeyond's offerings for financial services, please visit http://www.seebeyond.com/industries/securities.asp, or visit the SeeBeyond and Sun booths at the SIA 2005 Technology Management Conference (http://www.sia.com/tmc2005/). About SeeBeyond With more than 15 years of software innovation and real-world experience in integrating systems across Global 2000 organizations, SeeBeyond (Nasdaq:SBYN) delivers the industry's first integrated composite application network built on a comprehensive integration platform. The SeeBeyond(R) Integrated Composite Application Network Suite(TM) helps organizations rapidly assemble and deploy enterprise-scale end-user applications built on existing systems and infrastructure to dramatically improve business operations. SeeBeyond has more than 2,000 customers worldwide. A sampling of SeeBeyond's clients in the financial services industry include American International Group, Inc. (AIG), AXA Financial, Banca IMI, BNP Paribas, Clearstream, Hypovereinsbank, KBC Securities, Liberty Mutual, Nicholas Applegate Capital Management, Northern Trust, Standard Bank, Samsung Life Insurance, Sentry Insurance, Transamerica Life Insurance Company, UBS Global Asset Management and Zurcher Kantonalbank. For more information, please visit www.seebeyond.com. SeeBeyond is a registered trademark of SeeBeyond Technology Corporation in the United States and select foreign countries. SeeBeyond Integrated Composite Application Network Suite is a trademark of SeeBeyond Technology Corporation. The absence of a trademark from this list does not constitute a waiver of SeeBeyond Technology Corporation's intellectual property rights concerning that trademark. All other brands or product names are trademarks of their respective owners.