International Financial Systems

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PRESS RELEASE

June 2009

INTERNATIONAL FINANCIAL SYSTEMS SIGN PARTNERSHIP AGREEMENT WITH BRAVURA FOR MLTRAC

Bravura Solutions (Bravura) - a leading global supplier of wealth management applications and professional services has signed a partnership agreement with i-Financial to supply anti-money laundering software to Bravura's clients.

Anti money laundering has become more heavily regulated in Australia following legislation in December 2007, and as a consequence financial institutions are now required to more rigorously scrutinise their data.

"Due to the global nature of Bravura's business, it was important to choose a partner that has a presence in both Australia and the UK, and would be able to assist our clients in identifying and tracking suspicious transactions," said Darren Stevens, Bravura's Global Head of Product.

"Bravura continually searches for new and innovative ways to offer our clients the best the market has to offer. Outsourcing our anti-money laundering needs to a best of breed supplier, such as i-Financial, was the clear choice for our clients. We chose i-Financial because of its solid track record in providing responsive service, successful delivery and superior technical skills across a broad range of hardware, software and service offerings," he said.

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