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London, November 2015: A cracker of a week for Message Automation, we are rocketing ahead on all fronts. In the lead up to 'fireworks' night in the UK last week we experienced a number of exciting and spectacular events of our own.

All Message Automation clients successfully up and running on EMIR L2 ahead of deadline.

All of our EMIR reporting clients successfully went live on EMIR L2 on last weekend's deadline date. And even better, all enjoyed a smooth first week of operation. Our EMIR clients range from Global Banks to Buy-side firms, reporting to multiple TRs, and they all benefited from only having to regression test against the updated rules we supplied, and the fact that the rules were being tested by multiple clients. If your own L2 transition experiences were not as stress free as our users' please read more about how our trade reporting solutions could help you - Regulatory Trade Reporting.

Message Automation client live on IIROC reporting.

A major MA client in Canada has gone live on IIROC reporting for bonds and fixed income instruments. This further expands the bank's use of our technology to provide a strategic trade reporting solution, which already covers Dodd-Frank; EMIR; Canadian and Singapore trade reporting. The project also further extends MA's instrument coverage in trade reporting.  For more on our strategic trade reporting platform, including MiFID2, go to Regulatory Trade Reporting.

Message Automation signs up a new Swiss regional bank to support FinfraG reporting.

More good news for MA Trade Reporting. A leading Swiss regional bank has signed up with MA to provide a solution for 'FinfraG', the Swiss trade reporting regulation. This further extends MA's unrivalled coverage of multiple trade reporting jurisdictions from a single platform. To see more on our trade reporting solutions, including FinfraG and MiFID2, go to Regulatory Trade Reporting.

Tier one firm banks on Message Automation to improve STP.

In an innovative new use of MA's patented technology, an existing Tier One Banking client has engaged with us to work with us on the harmonisation and cleansing of client static data to improve STP across the bank's trading activities. More details to follow on this new offering.

Major U.S. Bank takes Message Automation to harmonise incoming Clearing Reports.

MA has signed a new Tier One US bank as the third user of our unique Clearing Reports solution. By harmonising data from hundreds of reports produced by CCPs and Brokers onto a single in-house database the MA solution enables timely and consistent access to vital information by a wide range of internal consumers including collateral managers, treasurers, operations staff and reconciliation teams. We now have Tier One global clients with head offices in the US, UK and Asia using our solutions which means that we have harmonised clearing data from CCPs and brokers across the globe. To see more on this unique solution go to Managing Clearing Reports


London, Q4 2015: Message Automation release the second instalment of 'MA Dialogue' - Click the link below to read about what has been happening at MA

The Client Bulletin is part of our external communications strategy aimed to keep our clients and community abreast of what we are doing, and what we plan to do. We aim to publish these on a regular basis and welcome your feedback and comments for future input. If you would like to be added to our mailing list please contact us.


7th September 2015: Message Automation, the pioneers of Post Trade Control solutions for derivatives, is pleased to announce their participation at the Post Trade Forum taking place at the NH Danube City Hotel, in Vienna on Thursday 10th and Friday 11th September 2015

On Thursday afternoon at 16.00, Hugh Daly - CEO at Message Automation, is joining the panel to share his insights on some of the most pressing issues relating to regulatory compliance. Topics being discussed will include what needs to be done to be ready for the impact of MiFID II, and best practices for the resolution of challenges in data management and operational compliance.

Hugh Daly commented, "In an ideal world, all financial institutions would already have, via a single dashboard, the ability to monitor and audit all events and information on all trades throughout their entire lifecycle. Sadly, this is still generally not the case. And with the imminent arrival of MiFID II, the consequences for those firms who are not fully prepared for the additional demands this will place on already stretched resources, will undoubtedly be significant. I am looking forward to being part of a lively debate and sharing ideas and views on these important subjects."

Message Automation is the leading specialist provider of Post Trade Control solutions. We help clients manage the multiple trade processing challenges created by new regulations and market practices across all asset classes in OTC, ETD and FI markets. Built around a central data model in which we harmonise all internal and external data our solutions include: Trade Reporting, House/Client Clearing, Affirmation/Confirmation, Management of diverse reports from CCPs and brokers; SEF connectivity and Collateral messaging. Message Automation’s solutions can be implemented individually or brought together to provide a holistic view of the post trade lifecycle, for control, compliance and exception management.

Please contact us for further information.


London, July 20th 2015: Message Automation announces record profits for FY 2014/2015 - A single platform for Post Trade Control is the imperative

London 20th July 2015 - Message Automation (MA), the derivatives Post Trade Control specialists have announced record results for their financial year ending in June 2015. Highlights include an increase of over 50% in year-on-year revenue, a number of new client signings and a 70% increase in committed recurring subscriptions.

Hugh Daly, MA’s CEO said, "We are very proud of our achievements over the last year, with the financial highlights being only one positive aspect. The increase in ongoing commitment by our customers is important as it underpins our substantial R&D investment. The company remains profitable, cash flow positive and has a strong balance sheet. At the same time we are delighted to report that we have added a number of new name clients in Europe, Asia and Africa as well having significantly expanded our relationships within our existing users. Two of our major goals for 2014/15 were to maintain our 100% customer satisfaction rating, which we achieved, and to continue to innovate by developing new solutions built on our advanced platform - both of which have helped to support our expansion objectives. Trade Reporting continues to play a major part in MA’s success - adding new jurisdictions and delivering updates to manage EMIR regulatory changes. We have also gained new clients who are replacing their original tactical EMIR or Dodd Frank investments in favour of MA's proven strategic approach."

Hugh continues, "There were also a number of other factors which helped to fuel our growth. Our clients benefit from a rounded Post Trade Control environment from which they can quickly and easily add extra functionality from our extensive and increasing connectivity library. A major example of this has been in the area of managing incoming clearing information from CCPs or brokers. Working with major Tier 1 banks we have harmonized the data arriving from over 300 diverse clearing reports enabling distribution to a much wider range of internal consumers. As further regulations such as MiFID2, new market practices including mandatory clearing and SEF execution kick in over the coming months we believe that a single platform to manage post trade control will be an imperative for all serious derivative market participants. We are confident that our customers are already well positioned to meet these regulatory changes head on."

About Message Automation

Message Automation, headquartered in London, is the leading specialist provider of Post Trade Control solutions. We help clients manage the multiple trade processing challenges created by new regulations and market practices across all asset classes in OTC, ETD and FI markets. Built around a central data model in which we harmonise all internal and external data our solutions include: Trade Reporting; House/Client Clearing; Affirmation/Confirmation; Management of diverse reports from CCP’s and brokers; SEF connectivity and Collateral messaging. Message Automation’s solutions can be implemented individually or brought together to provide a holistic view of the post trade lifecycle, for control, compliance and exception management.

For further information: Contact Ian Chester

Tel: + 44 7721 780029


London, 9th July, 2015: A Strategic Approach to Trade Reporting? What's New?

There seems to be a growing consensus from Banks, Consultancies and Vendors that MiFID2 reporting will be very hard.  Importantly, avoiding the mayhem associated with EMIR will require a much more strategic approach than either EMIR or Dodd Frank. Hindsight is 20/20 of course, but encouraged by similarities with William Hague’s ‘I told you so’ comments re the Euro this week, I thought I would point out that Message Automation did indeed ‘tell you so’ regarding the best way to approach Trade Reporting compliance back when the regulatory tsunami began over two years ago.

See: Getting Value from Trade Reporting Solutions

Happily, some financial organisations did take note and Message Automation went on to successfully implement the vision in the attached paper for a number of banks and buy-side companies (including replacing in-house and other vendor systems.) Message Automation's clients are now sitting comfortably with a populated single data model ready for the MiFID2 reporting rules to be applied.   This ‘strategic reporting solution’ is now rapidly evolving to deliver ‘strategic post trade control solutions’. Watch this space for more details on the latter. 


London, 16th April 2015: Message Automation Hosts Inaugural User & Community Group Meeting

On Thursday last week (April 16th)  MA held its first User & Community Group at a London hotel. The client event in the afternoon was to brief our users on recent developments and future plans at MA, and receive their feedback. Attendees included senior representatives from HSBC; Lloyds Banking Group; Nomura, and Standard Chartered Bank. We also had representatives from clients in Scandinavia and Andile, our partner in South Africa. HSBC, Lloyds and Andile talked directly regarding their use of MA solutions for Trade Reporting, CCP and Affirmation connectivity; Management of incoming CCP and broker reports; and FX matching.

In the evening we invited our clients and the broader ‘MA Community’ including non-client banks; product and services partners; consultancies and other industry bodies. A market and company overview by Hugh Daly, MA CEO was followed by introductions to partners including Deloitte, Andile and JDX Consulting. Dave Wong from OpenGamma and Nick Clare from Dion (Dfferentia) then gave brief overviews of how their products can complement MA in the areas of Margin Calculation/Comparison and e-trading respectively. Both products can be combined with MA solutions to maximise the value of MA’s underlying consistent cross-asset-class data models.

The event concluded with a high quality panel discussion featuring Chris Childs, CEO of DTCC DerivServ; John da Gama Rose, head of Deloitte Consulting’s financial technology practice; Bill Hodgson, CEO of The OTC Space and MA’s own David Farmery. With lively audience interaction the panel discussed whether recent and future changes in market practice and regulation were actually reducing risk in the OTC markets, or merely increasing complexity and fragmentation.

Hugh Daly concluded ‘Both the User and Community events were very well attended and feedback was very positive. MA will now build on this to put together similar industry events on a regular basis going forwards. I would like to thank all attendees and particularly those who contributed by sharing both their experiences with MA and their wider market knowledge and views so freely and openly.’ 


London, February 2015: Message Automation announce their first User and Community Group Meeting

Taking place in a central London hotel on Thursday 16th April 2015. The agenda is still being finalised but the day will start with 3/4 sessions dedicated solely to the MA users, both technical and business. It will then lead into a session with the wider MA community. If you would like to join us please email:


London, Q.1 2015: Message Automation release their first Client Bulletin - Click the link below to read about what has been happening at MA

The Client Bulletin is part of our external communications strategy aimed to keep our clients and community abreast of what we are doing, and what we plan to do. We aim to publish these on a regular basis and welcome your feedback and comments for future input. If you would like to be added to our mailing list please contact:


London, January 2015: David Farmery, COO addresses ‘MiFID II & Trade Reporting – Understanding Requirements & Challenges’ in a podcast published by Derivsource

Click the link below to hear about how firms (both buy side and sell side) need to prepare their operational processes to ensure they can meet new reporting requirements. Listen to this 19-minute podcast for background on how MiFID II impacts trade reporting and some of the challenges firms may face as they work towards compliance and try to leverage existing work completed to support EMIR and Dodd Frank trade reporting.

MiFID II Trade Reporting - Understanding Requirements and Challenges

London 19th November 2014: Message Automation today highlighted how increased operational risk and costs due to fragmentation of OTC derivatives processing is now a major concern for financial institutions

Derivatives connectivity and regulation specialist Message Automation Limited, today highlighted major challenges in the industry, with regulatory change and new market practices leading to fragmentation of OTC derivatives processing and data inconsistency, resulting in operational inefficiencies, increased risk and spiraling costs. Message Automation has been investigating the impact of these issues with buy and sell side firms across Europe, Asia and North America. Read more

For more information please follow the link -

London 12th November 2014: Message Automation sponsors Clearing & Settlement World 2014

The conference is being held on Wednesday 26th and Thursday 27th November 2014 at the Millenium Hotel in Mayfair.

The event focus is  on 'The New Clearing and Settlement World: Responding to regulation and strategizing best practise post-trade processes'. Clearing & Settlement World is the only conference to offer buy and sell side securities and derivatives operations professionals the opportunity to get a 360° perspective on how they can ready their people, processes and technology for the regulatory reforms. 150 heads of operations will be attending with the goal of developing a best practice post trade framework to reduce operational complexity and achieve cost efficient compliance.

In addition to sponsoring the event, Hugh Daly, CEO, will be joining other senior market participants on the panel (11.50am, Wednesday 26th November 2014) to discuss 'How to revolutionise your post-trade reporting process to mitigate risk and inaccuracy'.

For more information please follow the link -

London, 7th October 2014: Message Automation publishes white paper on “Hell Freezes Over or Derivatives Processes are Harmonised, Which Comes First?"

Message Automation sponsored a webinar, hosted by Derivsource on 'How to achieve operational control in the fragmented OTC Derivatives Landscape'.

Hugh Daly, the Message Automation CEO was joined by a panel of experts including John van Verre, Head of Global Custody at HSBC Securities Services; David Field, MD of specialist consultancy 'The Field Effect' and Mark Croxon, Global Product Manager for OTC Clearing at Nomura.

To read the white paper “Hell Freezes Over or Derivatives Processes are Harmonised, Which Comes First?” which addresses the issues discussed in the webinar please click here >

London, 24th September 2014: Derivsource publishes interview with Hugh Daly

Please click on the link below to see the text of an article published today on the Derivsource website. The article follows an interview by Julia Schieffer of Derivsource with Hugh Daly Message Automation's CEO on the subject of 'Managing Data from OTC Derivatives Clearing Reports'.

To read the article please click here >  To read the interview on Derivsource please click here >

London, 25th February 2014: Message Automation helps eight clients to hit their EMIR Trade Reporting deadline

Derivatives connectivity and regulation specialist Message Automation Limited (MA) has successfully helped eight clients to hit the challenging EMIR trade reporting deadlines on February 12th.

The clients include leading banks in North America, UK, Europe and Russia as well as a major UK buy-side company and two significant public sector financial institutions in Northern Europe. The implementations covered all OTC asset classes - Rates, Credits, Equities, FX and Commodities - as well as Listed Derivatives across multiple trade repositories. The projects also included delegated reporting on behalf of the organisations’ clients.

Six of the clients were new to Message Automation, as recently as December.  The other two expanded on existing implementations of MA’s futureLANDSCAPE solution facilitating Dodd Frank Reporting, CCP connectivity, and links to affirmation platforms.

Neil Thomas, MA’s CTO commented, “It has been a challenging and exciting few weeks given the deadlines, the complexity and the fact that this was new territory to everyone involved - Clients, Suppliers and Repositories.

Particular challenges which we overcame included:

Read More >

October 2013: Message Automation teams up with Ian Chester and Dave Clark to support expansion and international growth plans

Message Automation, the OTC Derivatives post-trade specialists, announces two senior management team appointments. Long-time Message Automation, Non-Executive Director Ian Chester, and Dave Clark the firm’s former EMEA Sales Director are both re-joining the company to help drive the overall business development strategy. Ian and Dave's primary objectives will be in assisting the current management team to enhance the company’s direct sales capabilities and to expand its international channel partner network.     Read more>

September 2013: Message Automation celebrates its first decade in style at The Savoy

The company marked its 10th Anniversary with an evening of Music, Magic and Masterchef” at The Beaufort Bar of London’s prestigious Savoy Hotel.  The highlight of the evening was a cooking competition between directors Neil, Hugh and David.  Judged by Masterchef’s Gregg Wallace, David Farmery’s Millefeuil, that was apparently “pralinated” won the evening. 

April 2013: Message Automation announces that its futureLANDSCAPE Trade Reporting Solution will support mulitple Trade Repositories

With the EMIR trade reporting deadlines looming many organisations are facing a choice of trade repositories to meet their European regulatory obligations. Message Automation's futureLANDSCAPE cross asset class reporting solution is already being tested with the three main EMIR repository options: DTCC's GTR, Unavista, and Regis-TR.

Building on its success addressing the Dodd Frank Act, the proven reporting solution is also being enhanced to cater for the additional requirements from ESMA over and above CFTC, such as reporting of Listed Derivatives and Collateral Valuations.

Message Automation is well positioned to accelerate time-to-compliance for its customers, using experience of complex reporting of derivatives trades. This in-depth knowledge was gained through recent projects assisting major banks meet CFTC rules despite extremely tight timescales.

If you would like to discuss the implications of Dodd Frank or EMIR Reporting on your organisation? We would be delighted to have a no obligation chat about our experiences to date and what you need to look out for. E-mail us

March 2013: Message Automation is pleased to announce futureLANDSCAPE goes live on time for cross-asset-class DFA reporting to GTR

A major North American bank has successfully gained compliance for CFTC trade reporting by deploying futureLANDSCAPE. The solution is handling all lifecycle reporting requirements to DTCC's GTR across multiple asset classes. Data is being sourced from several primary trading systems and enrichment sources using the platform's in-built translation and orchestration capabilities.

The project was further proof of Message Automation's underlying technology, but also our rules based approach. Message flows to and from GTR in FpML 5.3 are available pre-configured in futureLANDSCAPE so accelerating time to compliance. Industry standard business logic such as reporting party determination and product determination (UPI) can be pre-delivered.

The project was achieved in dramatically tight timescales and included implementation of Message Automation's insideTRACK operations dashboard. This allows users across a variety of departments to react in real time to trades alleged against the bank and to internal data quality issues. Bespoke exception management workflows and reporting metrics were configured by the bank's own team within insideTRACK.

October 2012: Message Automation confirms second major bank selects futureLANDSCAPE to support reporting to regulatory trade repositories (TRs).

Following our recent selection by a major North American bank to provide a cross-asset-class trade reporting solution, Message Automation is pleased to confirm that another bank has also commenced implementation. One of Europe's top ten banks has chosen futureLANDSCAPE to address the challenges of the G20 reporting environment for OTCs.

The platform will be used to handle multi-regime reporting - Dodd-Frank, EMIR and others. futureLANDSCAPE is implemented as a single abstraction layer between siloed, asset-class-specific primary trading systems and the external world. By using the business rules that come pre-configured with the solution, the bank will avoid having to build the logic for determination of :

The same connectivity platform can be shared by any or all of Rates, Credits, FX, Equities and Commodities asset classes. In addition to providing the external connections out-of-the-box, deploying futureLANDSCAPE provides the proven robust platform to really accelerate the internal mapping required.

Message Automation's CEO Hugh Daly said "We believe that this second success in the arena of regulatory trade reporting further confirms our strategy to provide a robust cross-asset-class connectivity layer for the many challenges of the post Dodd-Frank era. Organisations are faced with hooking up to a variety of external trade repositories across the globe.

By implementing futureLANDSCAPE the bank only needs to worry about a single common data format and a standardised message flow across reporting regimes. We mask all that multi-jurisdictional complexity. As many banks have more than one primary trading system to connect internally, the argument becomes even more compelling. The message is getting through!"

September 2012: Global bank implements futureLANDSCAPE for affirmation and clearing connectivity

Following a successful proof of concept, another of the world's largest banks has selected Message Automation's futureLANDSCAPE and is now moving ahead with a full implementation of the solution. This first phase will provide straight through connectivity to the ICE-Link affirmation platform, eliminating double-keying and the associated operational risk. It will also provide direct connection to the new harmonised LCH Swapclear API for clearing. In both cases full bi-directional STP to the bank's primary trading platform will be part of the implementation.

June 2012: totalORDER deployed for cross asset class population reconciliation in top ten investment bank

As further proof of the power of Message Automation's innovative matching solution in OTC Derivatives, totalORDER, a major investment bank has gone live with the solution, on time, on budget. This deployment of the solution addressed an urgent requirement to replace manual infrequent processes with an automated daily reconciliation. totalORDER is being used to perform an entire population reconciliation against the external DTCC representation. The rules-based approach allows the same instance of the software to match the full economic details of the trades across rates, credits, and equity derivatives. The solution covers all data elements of even complex products and matches a population approaching half a million live trades each day.

July 2012: Message Automation demonstrates its leadership in CCP connectivity as futureLANDSCAPE is certified "Eurex Clearing Ready"

Message Automation is pleased to announce it is the first software vendor to demonstrate round trip connectivity to Eurex's new OTC clearing service. Our futureLANDSCAPE solution now supports bi-directional communication of OTC clearing activity using Eurex's secure AMQP connection. For our customers this means adding the new CCP to their infrastructure can be achieved with little or no intrusive change to internal messaging, dramatically improving time to market for the new service.

February 2012: Tier one investment bank goes live on futureLANDSCAPE in just seven weeks!

Following the bank's decision to implement Message Automation's futureLANDSCAPE solution in January, we are delighted to confirm that the initial phase went into production at the end of February. This phase addressed an urgent connectivity requirement to support OTC affirmation. The timescales for this high profile project adds further proof of Message Automation's differentiator of accelerating time to market.

The project scope included full STP to the bank's in-house primary trading system, achieved using the platform's built-for-purpose translator module. This again demonstrates the rationale of the hybrid solution, combining the power of underlying technology for the internal requirements with the off-the-shelf domain specific connectors to industry platforms.

The bank is continuing to work with Message Automation to further broaden the scope and rapidly on-board more external connections. The futureLANDSCAPE platform will support business functions across client and own account clearing and affirmation, across asset classes. These additional external sources and destinations will be added through packages of rules supplied by Message Automation. Having implemented our standard interface to the outside world means the Bank can now "drop in" new connections with a very low regression testing effort and minimal change to the internal configuration. For example, the effort for adding a second affirmation service is measured in man days not man months.

January 2012: Another tier one investment bank signs for futureLANDSCAPE to support OTC affirmation and clearing.

Following a successful proof of concept during November 2011 another of the "Fed 18" global investment banks has now licensed Message Automation's futureLANDSCAPE solution and will begin implementation immediately. With the first client deliverables scheduled for go-live in Q1, the key drivers for the selection were lowering project risk and accelerating time to market. In addition to implementing a variety of connections already available off the shelf, the bank will work with Message Automation to further broaden the range. The futureLANDSCAPE platform will support business functions across client and own account clearing and affirmation, across asset classes.

Message Automation's CEO Hugh Daly said "We believe that this on-going success for our innovative solutions is further confirmation of our strategy to provide a robust cross-asset-class connectivity layer. Organisations are faced with hooking up to a variety of external parties - CCPs, affirmation platforms, trade repositories, regulators, swap execution facilities - and a diverse mixture of data formats and message flows. Some of these are versions of industry standards such as FpML or FIX, some are proprietary.

By implementing futureLANDSCAPE the bank only needs to worry about a single common data format, and a standardised message flow. We mask all that complexity. As many banks have more than one primary trading system to connect internally, the argument becomes even more compelling. The message is getting through!"

This latest sale of Message Automation's technology was led by its investor and partner company Broadridge Financial Solutions Ltd.

October 2011: Message Automation continues to expand the off-the-shelf connections available for the futureLANDSCAPE OTC connectivity solution.

We are pleased to announce that following a deployment at a major bank, full round trip testing has been completed with LCH.Clearnet for the "FCM 2" direct OTC clearing model. The "Click Certification" from LCH was acquired in just five weeks from the start of the project, further demonstrating the strengths of the futureLANDSCAPE solution in lowering project risk and accelerating time to market in the OTC Connectivity space.

With off-the-shelf connectors already available for ICE-Link, MarkitSERV, CME Clearport, and ICE Clear Credit, the futureLANDSCAPE solution provides a single platform for cross asset class connectivity to CCPs and affirmation platforms. Message Automation is responding to the high levels of customer demand in this area by accelerating its roadmap and broadening CCP coverage.

September 2011: Major global bank selects futureLANDSCAPE for cross asset class client clearing

Following a rigorous vendor evaluation and selection process we are delighted to confirm that a member of the G14 group of global banks has selected Message Automation's flagship connectivity solution, futureLANDSCAPE as the platform for their client clearing business in OTC Derivatives. futureLANDSCAPE will handle external connectivity to multiple CCPs, affirmation platforms and potentially SEFs and reporting repositories as the market evolves.

The Bank evaluated more than a dozen alternative suppliers and selected Message Automation for two key reasons: firstly, the proven technology was built for purpose using our 8 years of experience in OTC messaging and connectivity and our patented know-how; secondly the innovative and flexible commercial model for adopting futureLANDSCAPE is ideally suited to the rapidly changing OTC environment.

In summary the solution will accelerate time-to-market now, while giving confidence that the platform will address the "known unknowns".

April 2011: Use of totalORDER expanded at tier one investment bank

Following the success of its initial deployment of Message Automation's innovative matching solution in OTC Derivatives, one of the world's top ten investment banks has gone live with a second implementation of the solution. Proving the power and flexibility of the rules based approach, this latest project addressed a very different requirement. totalORDER is now being used by operations teams in Asia to match synthetic equities hedge and swap trades across the region. This multi-faceted solution includes matching FX as well as equities, and takes data from a number of underlying business systems. To achieve the dramatic reduction in breaks versus the incumbent legacy system, Message Automation assisted the bank with defining rules for over 20 different matching methodologies.

August 2010: Message Automation expands with new office in the City of London

Due to the continuing expansion of its core business in financial services, Message Automation has relocated its Head Office to new premises in the heart of the City, London's financial district. Located just a few metres from the Bank of England and the Royal Exchange, moving to 29 Throgmorton Street confirms Message Automation's focus on our customers, many of whom are close by.

July 2010: Message Automation finishes record year by winning major new client with another validator sale to a leading global investment bank

Another of the world's top ten investment banks has selected Message Automation's validator as the technology for improving data quality throughout its Transaction Processing Group. validator will be used to constrain the bank's internal XML standard, based on FpML, across all OTC products and asset classes. As well as ensuring industry standard semantic rules are up to date through subscribing to our FpML rules maintenance service, the bank is using our consultancy services to assist with configuring approximately 300 further business rules in validator

This major deal allows Message Automation to complete a record financial year, enhanced by adding two of the world's top ten investment banks to our customer base.

May 2010: Message Automation confirms pilot customer goes live with Message Automation's totalORDER next generation matching technology

The major investment bank that in November signed contracts to implement Message Automation's totalORDER next generation matching technology has successfully gone into production, on time and on budget. The project is being seen as a resounding success, having taken less than six months from the start of the planning stage. As part of the project, the population of live unmatched interbook and intercompany trades has been reduced by in excess of 180,000 trades.

February 2010: Another global investment bank chooses Validator for a strategic data quality initiative.

Message Automation is pleased to announce another success. The global markets division of a major financial institution has selected validator as the core semantic rules engine for improving data quality. To be deployed on the existing enterprise service bus, validator will be used to centrally check XML documents across all products and asset classes. Our consultants will also assist the Bank in converting the standard FpML business rules to constrain the Bank's own internal XML data standard (originally adopted from FpML, but heavily modified since.)