Richard Gissing

Chief Technology Officer and Founder

Gissing Software …

• A rapid overview of Gissing Software

• Real-time data Spreadsheet applications

Gissing Software …

• Focus on the transforming and routing of real-time data

• Growing client list of top tier financial institutions

• More than 40 installations worldwide

• A byword in the industry for performance and reliability

• Established in 1991 and growing ever since

• Offices in London and New York

Your link with the financial markets

Multi contribution systems and data feed handlers

• ConteX MCS

• EBS Market Rates Feed Handler

Trade data capture and integration

• ConteX Trade Capture

• Bloomberg Trading Integration

Market aggregation gateways to single trader console

• Electra

Real-time data solutions for Microsoft Excel

• RealtimeXL

Our products …

Real time spreadsheets…

Are you being served?

Gissing Software …

Agenda

• The evolution of the real time spreadsheet

• The need for change

• Options for change

• The need for cost reduction

• Summary

• Q & A

RealtimeXL

Real time spreadsheet evolution

The real-time spreadsheet timeline

200520042003200220012000199919981997199619951994

1-2-3

WingZ/Applixware

DDE/Adfin/Power Plus Pro

PDD/Tiblink

RealtimeXL

Today’s issues

• Migration from Tib and Triarch to RMDS

• Migration to Windows XP and Office 2003

• Introduces changes to Excel threading model

• Older products already having problems

• Demand for more efficient contributions

• Need for new applications with modern architecture to reflect these major changes

• Cost reduction

Market requirements

• Greater performance

• Combined with better reliability

• Connectivity to more data sources

• More flexibility and choice

• Faster and more reliable contributions

• Strong international support

• Better value

Gissing’s response

• Low impact, high performance family of plug-ins for Microsoft Excel

• Custom application support via COM and .NET

• Reduced network traffic and market data consumption

• Vendor independence

• Fast, efficient contributions. ConteX MCS integration.

• Product roadmap and development plan

• Clear and simple migration strategy from older tools

RealtimeXL architecture - evolved

Microsoft Excel

User Interaction

Microsoft VB, C++, C# …

Publish XLA

Engine Cache

RTD

Reuters Triarch TIB / Rendezvous RMDS Other Sources

COMSubscribeXLA

Protocol Interface

User Interaction

.NET

RealtimeXL Version 2.0

• Performance Benefits

Subscription : 400% gainPublishing : 600% gain

RealtimeXL Version 2.0

• Subscribe functions:

=RTD("RTXLRTD.Server",,"RSF.REC.EUR=.NaE","BID")

=RTDGet(TEST,”RSF.REC.EUR=.NaE”,”BID”)

=RTXLGet(TEST,”RSF.REC.EUR=.NaE”,”BID”)

=RTXLGetExtract(TEST,”RSF.PAGE.FXFX.NaE”,”ROW_1”,10,5)

RealtimeXL Version 2.0

• Publish functions

=RTXLpub(“profile”,”record name”,”field1”,”field2”)

Contribution throttling via Profile option.

Publish directly to Gissing’s ConteX MCS (multi contribution system).

RealtimeXL Version 2.0

• Other functions

=RTXLhistory()

=RTXLseries()

=RTXLchain

=RTXLdatatable()

=RTXLtoday()

=RTXLnow()

Support for Entitlements 4 / DACSSASS3 PublishingNegative FIDSNetwork license server

RealtimeXL – Converter Pack

RealtimeXL Functions

=RTXLpub()

=RTXLget(()

=RTD()

Publish/Subscribe Functions

• Quick Scan• Detailed Scan• Convert• Diagnose• Progress tracking• Testing• Sign-off

Power Plus Pro

Adfin

TibLink

Reuters DDE

TibCO DDE

ConverterKernel

RealtimeXL – Converter Pack

RealtimeXL FunctionsPublish/Subscribe Functions

=RTXLupdate()

=RTXLseries()

=RTXLhistory()

=RTXLpub()

=RTXLget()

=RTD()

• Quick Scan• Detailed Scan• Convert• Diagnose• Progress tracking• Testing• Sign-off

Power Plus Pro

Adfin

TibLink

Reuters DDE

TibCO DDE

ConverterKernel

Applixware Vistasource

Rtt.Multi

Cost Savings – The key driver

• It is possible to improve performance and reliability AND cut cost at the same time

• It has already been done

• A major European bank has replaced Power Plus Pro with RealtimeXL

• Those users who did not use Power Plus Pro’s Financial functions were immediately converted to RealtimeXL. Ultimately 3500 users in 23 locations.

• Monthly savings of up to 65% were achieved and the resulting spreadsheets worked faster and more reliably

RealtimeXL - Packaging and pricing

RealtimeXL Standard

Full publish and subscribe functionality.

Multiple data sources.

COM and .NET Runtime

RealtimeXL View

Subscription only functionality

Single data source

Entry level product

Spreadsheet users only

RealtimeXL Plus

As RealtimeXL Standard

With the addition of full financial functions for Bonds and vanilla options

RealtimeXL – Converter Pack

RealtimeXL - SDK COM and .NET Development libraries

Summary

• New highly efficient product architecture

• Performance benefits over older products

• Produced by well respected company with a reputation for quality and support

• RealtimeXL has a development road map ahead of it unlike other mature products

• Deployed globally by a major European bank with substantial cost savings benefits

Your questions answered …

Gissing Software …