Banco Espirito Santo Selects SuperDerivatives' Multi-Asset Platform for Derivatives Pricing

SuperDerivatives(R), the benchmark for options and the leading
multi-asset derivatives solution provider of option pricing,
independent revaluation, online trading and risk management systems,
announced today that Banco Espirito Santo is using its award winning
SD-Banks multi-asset and cross asset platform for derivatives pricing.
SD-Banks includes online transaction capabilities as well as risk
management and full integration to bank systems.

Banco Espirito Santo is one of the highest rated banks in Portugal
with principal activities in retail banking, private banking and asset
management, corporate banking and investment banking. Complementing
its domestic activity, BES operates international branches with focus
on Spain, Angola and Brazil.

"We were very impressed with SuperDerivatives' SD-Banks from the
first time we saw it demonstrated. Following an elaborate evaluation
period, we selected it for its exceptional sophistication, broad
coverage and accuracy. We also liked the straightforward, user
friendly interface which cuts way down on the learning curve and
quickly boosts productivity of both traders and sales people," said
Luis Pinheiro, Derivatives Trader, Banco Espirito Santo. "Having a
single solution with modules for currencies, commodities and energy,
equities and interest rates options provides us with a comprehensive
flexible solution that we could not find anywhere else."

SuperDerivatives real-time pricing and analytics platform SD-Banks
include a variety of productivity-enhancing front-office utilities.
Sales personnel are able to provide clients with value-added services
such as mark-to-market and risk analysis of their portfolios, while
unified sales tools across the whole bank strengthen bank branding.
Collaborative on-line trading and real-time messaging tools further
increase productivity between the bank clients and sales, and between
sales and trading desks.

"We are pleased to see that Banco Espirito Santo has optimized its
derivatives business utilizing SuperDerivatives' SD-Banks. Both global
and regional bank realize that trading and sales desks require
best-of-breed technology to meet growth, revenue and cost-reduction
goals," said Dr. Yuval Levy, SuperDerivatives' CTO. "Our clients all
over the world are telling us that SD-Banks provides the perfect
solution with comprehensive multi-asset coverage and a rich set of
productivity tools. Those advantages quickly translate into
significant sales and profit growth."

Further information: http://www.superderivatives.com