Serisys supplies next generation software applications which can be delivered as a service or run by the customer.   Syn~ is a business process and rules based engine which provides scalability, rapid adaptability and unprecedented flexibility. Business users can change or add new business rules for an instrument or process using graphical tools.   Industry best practices have been captured in the following applications.   Syn~Settlements is a transaction processing engine for Capital Markets facilitating high levels of STP in the settlements process.     Syn~ReferenceData provides a common repository for reference data, a workflow-based framework for managing the data lifecycle, and the mechanisms to ensure data consistency with other applications.     Syn~Orders provides for the order capture, aggregation, queuing, routing and execution allocation of securities products using FIX and other standards.   Syn~ is written in Java making full use of J2EE technology.  It uses an Oracle 9i database but data can be integrated from other sources because the application is independent from the database.   For more details, please go to www.syn.com.   29West provides the lowest latency, highest performance and most stable messaging infrastructure to the financial markets.   Ultra Messaging™, 29West's messaging product suite supports high speed, low latency, IP-based communication between the large numbers of cooperating computers in today's financial systems. The Ultra Messaging™ product suite includes:   Latency Busters® Messaging (LBM) is a fast, efficient, and lightweight streaming messaging system targeted specifically at market data applications. Its many unique design features provide low latency, stability & control under heavy loads and integration flexibility and make it particularly well-suited for applications with very high message rates.       Ultra Messaging™ for the Enterprise (UME) leverages the proven LBM API and provides support for durable subscriptions, delivery confirmation and persistent messaging.       Ultra Messaging® Desktop Services (UMDS) provides TCP delivery for non-backbone machines.       Ultra Messaging® Cache (UMCache) provides a messaging neutral flexible Cache.       29West Monitoring provides SNMP support for 29West messaging.   LBM and UME eliminate the need for message daemons or message brokers, thereby dramatically lowering latency and resulting in a true application-to-application messaging system.   For more details, please go to www.29west.com or www.29west.co.jp.   DECIDE is a front office trading system developed by German software supplier pdv Financial Software gmbH. On a single, highly scalable platform, it supports trading of a wide range of financial products including cash equities, fixed income, OTCs, derivatives, FX and structured products. Its modern, thin client architecture has also been designed with a multi-client, Application Service Provider (ASP) model in mind, an implementation approach selected by several of pdv's current customers.   Functionality of DECIDE covers: trading, order routing, position keeping, risk management, decision support and accounting.   For more details, please go to http://www.pdv-fs.com/contell/cms/c1web/pdvfs/site/DECIDE/index.html.   R/V Platform is an integrated risk management, valuation and planning system across Credit, Market and Operational risk.   The application supports the Basel II Advanced Approaches for Credit and Operational risk as well as the Internal Models for Market Risk. It can process very large Monte Carlo simulations and other elaborate analyses involving thousands of risk factors.   For more details, please go to www.cdgroup.fi/cdft.html.   VALid® is a multi-factor, multi-channel authentication and transaction verification solution designed by ValidSoft to suit mass-scale deployment. Based on real time, out of band, conversational authentication, VALid® is not only capable of providing protection against more traditional attacks, but also against the latest threats such as in-session hijacking and sophisticated emerging fraud techniques such as Man-in-the-Middle and Man-in-the-Browser attacks.   For more details, please go to www.validsoft.com