Insight Investment Management Selects FMC for Performance Measurement and Attribution

London, 13 January, 2004 – Financial Models Company Inc. (FMC), a leading provider of technology solutions and services to the investment world, today announced that UK-based Insight Investment Management Limited (Insight) has selected FMC’s popular FMCSylvan™ software for performance measurement and attribution. Insight, with more than £60 billion assets under management, is the asset manager of the Halifax and Bank of Scotland group (HBOS plc).

In addition, Insight will be employing FMCSylvan’s Stock Level Attribution module and the innovative Fixed Income Attribution module, which has been extremely well received in the asset management community. Insight will also be utilising FMCSylvan’s web-based reporting module to generate detailed performance reports and online analysis.

This sale represents the conclusion of a rigorous review of six vendor solutions to identify the best solution for Insight’s purposes. The key factors in the selection of FMCSylvan included the tight level of integration among the modules of FMCSylvan, the fixed income attribution methodology, which was aligned well with Insight’s investment process, and the scalable nature of the application. Another factor was FMC’s track record in serving the investment management community for more than 27 years and its extensive FMCSylvan client base.

"In selecting a solution for our performance measurement and attribution needs, we wanted to avoid having to take separate systems for our Equity and our Fixed Income operations," commented James Neill, Head of Performance for Insight. "We are confident that FMCSylvan can meet all of our performance and attribution requirements within a single integrated solution, and we are comfortable making it the standard throughout the enterprise."

"Insight Investment Management’s size, scope and broad range of products make it a major player in the fund management industry. We are delighted that they have chosen to work with FMC," commented Phil Banas, Managing Director of Financial Models Corporation Limited, FMC’s UK subsidiary. "In selecting FMCSylvan, Insight can be confident that their clients and fund managers will have access to the most sophisticated and powerful performance analytics available in the market today."

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