FNX University 2005 now underway at FNX SOLUTIONS

Philadelphia, August 29, 2005 - FNX SOLUTIONS (FNX), a leading provider of next generation technology solutions for treasury and capital markets, announced today that its in-house intensive training program, FNX University, is now in session. Created in 1997 by FNX CEO and Founder, Farid Naib, FNX University is designed to provide employees with extensive product knowledge and user training of FNX Solutions and company processes. This year’s class are immersed in a 10-week training program that incorporates all aspects of FNX’s suite of applications, including implementation and support, as well as financial product theory and business best practices. FNX University trains its graduates to be a valued client resource and serves to enhance the company’s commitment to quality client support.

“FNX U has the reputation of being one of the most comprehensive corporate training programs in the industry,” said Silvana Bice, a new FNX hire with a masters in math from Drexel University. “It offers the perfect mix of financial product theory and hands-on learning, and we’re trained by the senior managers at FNX, all of whom are experts in their respective fields.”

Karen Thompson, FNX’s managing director of training and documentation, confirmed, “We place a lot of emphasis on real-world training because it is very important that our customers have a satisfying experience with FNX at every point of contact. Training is by a mix of former end user and technologists, all currently on FNX staff”

“In order to provide quality solutions to our clients, it is important that we have well trained, capable staff. FNX U achieves this goal, and we have FNX U graduates working in every FNX office. This year’s class reflects our global diversity, with 8 different nationalities represented. I’ve always believed that the success of FNX comes down to the highly talented employees we recruit and train,” said Farid Naib, FNX CEO.

About FNX

FNX Limited provides global financial institutions with complete technology SOLUTIONS for the management and processing of capital market transactions. Established in 1992, the goal has never changed, to give clients a competitive edge utilizing industry-leading technology to maximize productivity and to reduce operational risk.

With a commitment to the highest level of customer satisfaction, FNX builds flexibility and adaptability into its growing mix of software and customized service offerings to meet the ever-changing needs of the financial marketplace. Through its suite of software SOLUTIONS, FNX supports order management, trading, risk management, margin and collateral trading, settlement and accounting for FX Cash, FX Options, Money Markets, Fixed Income, Interest Rate Derivatives, Commodities, and Exchange Traded products. Furthermore, SierraLink, FNX’s standard solution for interfacing with third party systems, provides seamless integration and electronic transfer of information with real-time connectivity, flexibility and high performance

Headquartered in Philadelphia, Pennsylvania, FNX has offices in New York, London, Tokyo, Singapore, Taipei, Belgrade and Bangkok.

Additional information about FNX Limited is available at http://www.fnx.com/.