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AXA Investment Company Buys ARBES TOPAS

March 31, 2008
Czech investment company AXA becomes a new TOPAS system customer in March 2008
Negotiations with the AXA Investment Company, Czech Republic have come to a successful conclusion and an agreement to purchase the ARBES TOPAS system was signed on March 31, 2008. The ARBES TOPAS system is designed for investment management and trading on capital markets.
AXA Investment Company has been active on the Czech market since 1992, when the company Credit Suisse First Boston first established its presence in the Czech Republic. The company is a member of the AXA group, a leading worldwide insurance company that operates in 40 countries. AXA focuses on insurance of the highest quality and is known for its implementation strengths.

The company chose ARBES TOPAS mainly for its fully parameterized reporting module, which is fully pre-configured for the support and operation of investment institutions.

The upcoming installation will also include the implementation of an extensive agenda focused on hedge funds. The hedge funds agenda is a key area for the future development of the ARBES TOPAS system.