Hong Kong, 18 September, 2008 – WealthCraft Systems Inc (OTCBB: WCSY), a leading IT solution provider for financial institutions, today announced the successful deployment of ATOMS Enterprise for SWIFTNet Funds for ING Platform Services in Asia.  Built on Microsoft BizTalk Server 2006, ATOMS Enterprise for SWIFTNet Funds is a gateway application which acts as messaging middleware for in-house unit trust applications.

It fully supports ISO20022 for funds and 100 per cent of available messages on SWIFT for the current SWIFTNet Funds Release 4 business solution. The gateway application takes advantage of BizTalk Server’s robust industry-standard architecture and helps transform messages from different in-house applications into the corresponding SWIFT messages, and sends them via their own direct connection to SWIFT, automating the process of funds trading and achieving straight through processing (STP).

“By implementing fully automated STP transactions with their distributors, fund houses can greatly reduce risk and costs of operations while supporting rapid expansion of business growth and open architecture.” said Eric Chua, SWIFT’s Regional Head, Investment Fund Solutions. “ATOMS enables automation and scalability of mutual fund operations in financial institutions by significantly reducing the dependency on re-keying or manual intervention.”

WealthCraft CEO Kelly Tallas added: “Financial institutions and ultimately markets have much to gain with straight through processing by reducing the complexity, cost and risk associated with processing domestic and cross-border trades and speeding the flow of standardised information to all parties involved in the mutual funds sector.”

ING Platform Services Ltd (ING PS) was the first company to successfully deploy the ATOMS solution in Asia. Integrated with its existing WealthCraft Advisor Workbench (AWB) application, ATOMS provides ING PS with improved operational scalability for its I-WRAP services in Hong Kong and Singapore. I-WRAP, an integrated transaction recording, account keeping and valuation reporting service, consolidates and enables investors and their advisors to monitor their investments easily, with a broad menu of more than 1,000 mutual funds available for subscription.

Sheida Hadji-Ashrafi, worldwide industry manager for payments, Microsoft, commented “Fund houses have found in Straight-Through Processing a way that helps them automate their processes and increase their efficiency and thus, respond to customers more efficiently. To do so, they need to have the right technology and Microsoft’s commitment to the financial industry is to partner with leading financial technology firms to develop empowering solutions. WealthCraft’s gateway application, which is built using BizTalk Server, offers financial institutions a secure and reliable platform and helps them meet their clients’ needs now and in the future”.

“In addition, the WealthCraft solution can consolidate statements and manage consolidated customer portfolios, enabling financial advisors to spend more time in value-added customer service rather than compiling statements, and provide more opportunities to cross-sell to existing customers,” said ATOMS Product Manager, Danny Leung.

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Detailed product information is available at http://www.wealthcraft.com/Solutions/ATOMSEnterpriseforSWIFTNetFunds.aspx