Wall Street Systems wins Leaders in Innovation Award for ASP Treasury Management SolutionNew York and London, 5 December 2008 – Wall Street Systems (Wallstreet), the global provider of treasury, trading and settlement solutions and services, today announced that it has won the Financial-i Leaders in Innovation Award for ASP Treasury Management Solution. Wallstreet received this accolade due to its ability to innovate, as well as deliver solutions that are cost effective and help solve common business problems.

Wallstreet was shortlisted for this award, which is part of the Treasury & FX category, based on research conducted by Financial-i’s team of journalists as well as input from analyst firms.

Short-listed companies were presented to an advisory panel, which included analysts from Celent, TowerGroup and Aite Group, to determine the winners. The awards recognise firms shaping the delivery of business solutions in wholesale transaction banking.

Joel Mandelbaum, president and CEO of Wallstreet commented: “We are pleased to receive this recognition for our innovation and the strength of our solutions. We pride ourselves in delivering the highest quality treasury systems – in Wallstreet Suite and Wallstreet Treasury – in the most flexible and cost efficient way. The ASP model has proved highly successful for us due to its compelling value proposition.”

Over 90% of new Wallstreet Treasury clients have chosen to subscribe to the software, instead of purchasing and running it in-house.