Richard Gissing Chief Technology Officer and Founder Gissing Software … A rapid overview of Gissing Software Real-time data Spreadsheet applications

Gissing Software … Focus on the transforming and routing of real-time data Growing client list of top tier financial institutions More than 40 installations worldwide A byword in the industry for performance and reliability Established in 1991 and growing ever since Offices in London and New York Your link with the financial markets

Multi contribution systems and data feed handlers ConteX MCS EBS Market Rates Feed Handler Trade data capture and integration ConteX Trade Capture Bloomberg Trading Integration Market aggregation gateways to single trader console Electra Real-time data solutions for Microsoft Excel RealtimeXL Our products …

Real time spreadsheets… Are you being served? Gissing Software …

Agenda The evolution of the real time spreadsheet The need for change Options for change The need for cost reduction Summary Q & A

RealtimeXL Real time spreadsheet evolution

The real-time spreadsheet timeline WingZ/Applixware DDE/Adfin/Power Plus Pro PDD/Tiblink RealtimeXL

Today’s issues Migration from Tib and Triarch to RMDS Migration to Windows XP and Office 2003 Introduces changes to Excel threading model Older products already having problems Demand for more efficient contributions Need for new applications with modern architecture to reflect these major changes Cost reduction

Market requirements Greater performance Combined with better reliability Connectivity to more data sources More flexibility and choice Faster and more reliable contributions Strong international support Better value

Gissing’s response Low impact, high performance family of plug-ins for Microsoft Excel Custom application support via COM and.NET Reduced network traffic and market data consumption Vendor independence Fast, efficient contributions. ConteX MCS integration. Product roadmap and development plan Clear and simple migration strategy from older tools

RealtimeXL architecture - evolved Microsoft Excel User Interaction Microsoft VB, C++, C# … Publish XLA EngineCache RTD Reuters TriarchTIB / RendezvousRMDSOther Sources COM Subscribe XLA Protocol Interface User Interaction.NET

RealtimeXL Version 2.0 Performance Benefits Subscription : 400% gain Publishing : 600% gain

RealtimeXL Version 2.0 Subscribe functions: =RTD("RTXLRTD.Server",,"RSF.REC.EUR=.NaE","BID") =RTDGet(TEST,”RSF.REC.EUR=.NaE”,”BID”) =RTXLGet(TEST,”RSF.REC.EUR=.NaE”,”BID”) =RTXLGetExtract(TEST,”RSF.PAGE.FXFX.NaE”,”ROW_1”,10,5)

RealtimeXL Version 2.0 Publish functions =RTXLpub(“profile”,”record name”,”field1”,”field2”) Contribution throttling via Profile option. Publish directly to Gissing’s ConteX MCS (multi contribution system).

RealtimeXL Version 2.0 Other functions =RTXLhistory() =RTXLseries() =RTXLchain =RTXLdatatable() =RTXLtoday() =RTXLnow() Support for Entitlements 4 / DACS SASS3 Publishing Negative FIDS Network license server

ConteX MCS (multi contribution system) Output Handlers Telerate R4 Page Formatting Service Kernel TIB Rendezvous Reuters SSL (Triarch) TCP/IP Additional Handlers... XML and Web Additional Handlers... Bloomberg MPF Reuters Marketlink Input Handlers Reuters RMDS All duplicated for fault tolerance Event Logging Data Mapping System Management Remote System Management Extensive library of input and output handlers ConteX MCS - Market leading and time proven multi-contribution market data management

RealtimeXL – Converter Pack RealtimeXL Functions =RTXLpub() =RTXLget(() =RTD() Publish/Subscribe Functions Quick Scan Detailed Scan Convert Diagnose Progress tracking Testing Sign-off Power Plus Pro Adfin TibLink Reuters DDE TibCO DDE Converter Kernel

ConteX MCS with RealtimeXL integration Output Handlers Telerate R4 Page Formatting Service Kernel TIB Rendezvous Reuters SSL (Triarch) TCP/IP Additional Handlers... XML and Web Additional Handlers... Bloomberg MPF Reuters Marketlink Input Handlers Reuters RMDS All duplicated for fault tolerance Event Logging Data Mapping System Management Remote System Management Extensive library of input and output handlers ConteX MCS - Market leading and time proven multi-contribution market data management RealtimeXL

RealtimeXL – Converter Pack RealtimeXL FunctionsPublish/Subscribe Functions =RTXLupdate() =RTXLseries() =RTXLhistory() =RTXLpub() =RTXLget() =RTD() Quick Scan Detailed Scan Convert Diagnose Progress tracking Testing Sign-off Power Plus Pro Adfin TibLink Reuters DDE TibCO DDE Converter Kernel Applixware Vistasource Rtt.Multi

Cost Savings – The key driver It is possible to improve performance and reliability AND cut cost at the same time It has already been done A major European bank has replaced Power Plus Pro with RealtimeXL Those users who did not use Power Plus Pro’s Financial functions were immediately converted to RealtimeXL. Ultimately 3500 users in 23 locations. Monthly savings of up to 65% were achieved and the resulting spreadsheets worked faster and more reliably

RealtimeXL - Packaging and pricing RealtimeXL Standard Full publish and subscribe functionality. Multiple data sources. COM and.NET Runtime RealtimeXL View Subscription only functionality Single data source Entry level product Spreadsheet users only RealtimeXL Plus As RealtimeXL Standard With the addition of full financial functions for Bonds and vanilla options RealtimeXL – Converter Pack RealtimeXL - SDK COM and.NET Development libraries

Summary New highly efficient product architecture Performance benefits over older products Produced by well respected company with a reputation for quality and support RealtimeXL has a development road map ahead of it unlike other mature products Deployed globally by a major European bank with substantial cost savings benefits

Your questions answered … Gissing Software …