NEWS


April 30, 2007

BQuotes releases OTC-Live Mobile™ for the RIM Blackberry™ platform

BQuotes, the leading provider of quote extraction software for the Over The Counter ("OTC") markets, announced today the release of OTC Live-mobile™, a custom application for the RIM blackberry™ platform displaying live BQuotes-extracted prices and emails.
 
"Our customers were telling us that when they are away from their desks they are disconnected from the CDS, Corporates, Converts and other OTC markets. Some of them have tried forwarding their emails to their blackberries, but the result was a full mailbox that became unusable. We decided to take advantage of the extensible BQuotes infrastructure and deliver a custom BQuotes application for the popular platform", said BQuotes CEO, Dr. Yiannis Tsiounis.
 
The newly released blackberry application offers not only parsed data but also BQuotes' server-based search engine. Users can now search all their email runs as far back as one year in their blackberries in seconds, without clogging their regular mailboxes or utilizing any memory or processing power on their devices.
 
BQuotes is leading the way in infrastructure and delivery flexibility in Over The Counter quote extraction, having offered a hosted (ASP) as well as a customer installed (Enterprise) solution since 2005, as well as programmatic interfaces (API). All solutions are easy to install without requiring access to the Windows domain or opening any firewall ports, and they are proxy-aware.
 
About BQuotes
 
BQuotes extracts price quotes from emails of any format with its real-time parsing software ("BestQuotes") in a variety of Over The Counter asset classes, such as CDSs, corporate Bonds, convertible bonds, Loan CDSs, Tranches, Variance Swaps, Options and ABSs, and provides closing, mark-to-market data ("BestData") for the OTC markets. Thousands of market participants in Investment Banks, Money Management firms and Hedge Funds, are finding BestQuotes an invaluable tool in navigating the OTC markets, monitoring their risk in real time using true market prices, and increasing their trading effectiveness.
BestData, delivered at 6:30pm EST, solves the problems of having to wait until the next business day for mark-to-market data and of lack of coverage for certain very important markets, including convertible bond closing data, Loan CDS, ABX, TABX and tranches. The fact that the closing data can be delivered in a variety of interfaces, from Excel to ftp to a customized GUI, negates the need for any integration and frees BQuotes clients to focus on their core skills.
Founded in 2004 by traders and leading technologists, BQuotes is now serving thousands of market participants across leading Investment Banks, Money Management and Hedge Fund firms such as Highbridge, Angelo Gordon and Royal Bank of Scotland.
 
BQuotes can be contacted at:
US: +1 212 931 5324, +1 212 931 5343, +1 212 931 5266
UK: +44 (0) 207 096 1128
Asia-Pac: +61 7 3394 8431