Economist Dr. Allen Sinai is Luncheon Speaker at FpML.org Forum on
e-Commerce Standard for OTC Derivatives Trading

NEW YORK, March 27 - Dr. Allen Sinai, Founder and President of Decision Economics, Inc., will speak on "The New Economy and Markets in the New World" following the FpML.org Spring 2001 Forum luncheon at the Marriott Marquis Hotel here April 18. The Forum, which is expected to draw 200 representatives of leading banks, financial institutions, information and software vendors, and systems integrators, addresses the use of Financial products Markup Language as an XML-based e-commerce standard supporting OTC trading of financial derivatives.

Dr. Sinai's company is a global economic, strategy, financial market information and advisory firm serving financial institutions, corporations, governments and individuals. He has served organizations and decision-makers worldwide by tailoring information, strategy and advisor support to the bottom-line needs of each, and is the developer of The Sinai-Boston Large-Scale Quarterly Macroeconomic Model of the U.S. This is one of the largest, most accurate models of the U.S. economy and financial markets.

FpML.org is a not-for-profit organization led by a Board of Directors comprised of senior derivatives business leaders from major market participants. The FpML standard is freely licensed and is intended to automate the flow of information across the entire derivatives partner network, independent of the underlying software or hardware infrastructure supporting activities related to these transactions.

and future direction of the FpML standard, and where it is being applied. Breakout sessions will focus on proprietary vs. industry financial standards, XML tools, solutions for straight-through processing and FpML for interest rate derivatives, equity derivatives and foreign exchange. Information and registration at www.fpml.org

Organizations actively participating in the FpML standard:

Bank of America - BNP Paribas - Citigroup - Credit Suisse First Boston - Deutsche Bank - Fuji Capital Markets Corporation - Goldman Sachs - International Business Machines - JPMorgan - Morgan Stanley Dean Witter - PricewaterhouseCoopers - Reuters - SunGard Trading and Risk Systems - SwapsWire - S.W.I.F.T.- UBS Warburg