Such Changes Would Bring MBS Closer to Corporate Bond Market --Kroszner
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Kroszner: Data Suggest Home Mortgage Debt Hasn't Risen at All Since Spring '08
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Kroszner: New Infrastructure for MBS Could Increase Transparency, Promote Indepndent Credit Analysis
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Data Suggest Near-Term Challenges for Housing Mkt Stabilization --Kroszner
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Kroszner: Investors Will Remain Skeptical of 2-Layer Securitized Products in Foreseeable Future
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Kroszner: MBS Securitization Contracts Should be More Homogenous, Cash Flow Structures Less Complex
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Securitization of MBS Still Worthy for Cost-Lowering Effects on Home Loans --FED's Kroszner
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Securitizations Should Involve Fewer, Larger MBS Tranches --Kroszner
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Correction: BOC Injects C$3bln in Term Repos
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Six Gunmen Shot By Indian Security at New Dehli Airport --BBC
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Of The Major Parties at Auto Hearing, Only UAW Has Done Something --Dodd
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BOC to Buy Back Up to C$500mln of Bonds on Wednesday
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Congresss Will Try Passing Auto Bailout Bill Before Leaving
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Senate Banking Committee Hearing On Auto Bailout Ends
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30yr Yield Drops to Record Low for 4th Day -- 3.0532%
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Stocks Off New Lows - S&Ps Down 4% at 833, Dow Down 3.5% at 8270
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'Not Persuaded' on Auto Bailout --Shelby on Bloomberg TV
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S&P Just Off Lows, Down 3.2% to 843
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Chrysler "More" Than Happy to Provide Assurances Taxpayers Will Get Money Back
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Citadel down 47% YTD - WSJ
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September 16th, 2008 - Singapore Exchange Limited to go live with CheckFree TradeFlow" solution on October 13, 2008

Singapore Exchange to Go Live with Fiserv's CheckFree TradeFlow for SGX Prime

Muthukrishnan Ramaswami, Senior Executive, Vice President and COO, SGX: “SGX has successfully worked very closely with the CheckFree team as the size and scale of the implementation has required a strong partnership approach.”

CheckFree has announced that Singapore Exchange Limited intends to go live with its CheckFree TradeFlow™ solution on October 13, 2008. CheckFree TradeFlow provides the core functionality for the SGX Prime pre-settlement matching service, automating the post-trade processing of securities at the Singapore Exchange.

“This is a significant infrastructure implementation, which marks an important milestone in the development of a real straight-through processing environment for SGX,” said Muthukrishnan Ramaswami, senior executive vice president and chief operations officer, SGX. “SGX has successfully worked very closely with the CheckFree team as the size and scale of the implementation has required a strong partnership approach.”

Through the capabilities of the CheckFree TradeFlow Solution, SGX Prime can allow fast, efficient and effective transaction management across multiple instruments and transaction types. The CheckFree TradeFlow solution can deliver improved management control and transparency in post-trade processing in both the SGX and customer environments by accepting and distributing messages in several different formats and industry standards. The rule-based engine allows for the processing of a diverse range of transaction messages and business processes (e.g. central matching) to meet market requirements.

Michael Gianoni, President, CheckFree Investment Services: “In close cooperation with SGX, Fiserv has helped deliver an extremely flexible, automated and secure platform for efficient post-trade processing.”

"Fiserv’s size, scale, global reach and range of complementary services made it the ideal partner for SGX to deliver on a complex exchange project,” said Michael Gianoni, president of CheckFree Investment Services, now part of Fiserv. “In close cooperation with SGX, Fiserv has helped deliver an extremely flexible, automated and secure platform for efficient post-trade processing.”

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