Stephen Flynn, Former Accenture Partner, Joins FTI

Industry expert brings over 20 years of experience to FTI's senior
management team

NEW YORK - November 18, 2003 - Financial Technologies International (FTI), a
leader in the emerging market for Financial Enterprise Software (FES), today
announced that Stephen Flynn has joined as senior vice president, global
professional services and systems integrator alliances. His appointment reaffirms FTI's commitment to building strong business relationships with clients and partners around the world.

As global head of FTI's professional services team, Flynn is responsible for
ensuring that clients receive the highest level of service and support. He will work closely with the existing team to oversee the continued expansion of the division. In addition, Flynn will lead the growth of FTI's network of systems integrator alliances, strengthening existing relationships and establishing new ones.

Flynn joins FTI following a 20-year international consulting career at Accenture. He has an extensive knowledge of capital markets technology, most
recently with the company's STP, integration management, and security offerings practice teams. Since becoming a partner in 1995, Flynn has held several senior leadership roles, including technology managing partner for Accenture's STP practice and global banking line of business. He has also been responsible for developing the firm's relationships with software and hardware providers including Evincible, Extreme Networks, Sun, Sybase, and Vitria.

One of Flynn's major achievements at Accenture was the development and integration of complex technical architecture projects for a number of high-profile clients. Flynn took a leading role in key capital markets projects including:

- Designing and developing the Accenture STP Integration Platform for financial institutions;
- Creating a technology architecture blueprint to enable new business
capabilities for a large investment management firm (encompassing all major
aspects of global investment management processing);
- Leading Accenture's design and implementation of a global T+1
securities settlement environment for the Global Straight Through Processing
Association (GSTPA);
- Leading the project teams responsible for the design and implementation of the automated exchange and clearing house functions in Switzerland and Germany.

Mike Meriton, President and CEO, FTI, says: "Stephen brings a wealth of
experience, insight and industry knowledge accumulated during his career with Accenture. His success in leading client projects demonstrates a remarkable ability to provide companies with the solutions that best serve their business and technological needs. Stephen's experience in building and managing relationships with technology partners makes him the perfect choice to lead the growth of our systems integrator alliances. I am confident that his talents and experience will enable him to play a key role in furthering FTI's leadership position in financial enterprise software."

Flynn comments: "FTI's innovative securities operations solutions have made a major contribution to overcoming the middle-to-back office problems facing
financial institutions. I look forward to working closely with FTI's clients and partners to ensure that customers realize the full potential of FTI's
integrated product suite."

Flynn holds an MBA degree from Cornell University and a BA degree from
Binghamton University.

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