SY Sybase, Inc.

The crisis on Wall Street has made real-time analysis of execution risk a mission-critical priority for the trading community, according to Sybase, Inc. (NYSE: SY), the largest enterprise software and services company exclusively focused on managing and mobilizing information. The news was one of several key findings from a survey conducted at last week�s SIFMA Technology Management Conference 2008. Heightened sensitivity to risk management in the wake of the credit crisis and how it is changing the way Wall Street firms operate was a recurrent theme in a poll of senior financial executives attending the event at the New York Hilton in Manhattan. Some 60% of respondents reported that the ability to analyze execution risk in real-time is mission-critical. Reflecting this view, 62% characterized a firm�s risk analytics platform as a key competitive differentiator. In 2008, U.S. sell-side equity firms will spend $175 million on enhancing the software, information management and infrastructure to support automated trading, routing and risk analysis, according to TABB Group, in its recently released report, Real-Time Risk: Managing Execution Risk in an Increasingly Electronic World. That figure represents 72% of total spending on electronic trading in equities, the report says. �Clearly, trading operations are heeding the call issued as a result of the sub-prime crisis,� observed Eric Johnson, senior vice president and general manager of financial services, Sybase. �Risk management has been thrust to the forefront as a business imperative and competitive advantage in ways it never has before.� Among the most important ingredients making up a risk analytics platform, speed and quality of risk analytics algorithms are of the essence, with three out of four respondents citing both attributes as priorities. Ability to handle high volumes of data ranked third, with 44% of the vote. Analytics continue to be a critical area of focus on Wall Street. Global spending on equity analytics by sell-side firms is projected to reach $459 million in four years, according to TABB Group. Asked how much time they felt would be required before the broader market begins to show signs of recovery, more than half (54%) of the same executives answered �at least a year.� A third of respondents predicted at least 18 months will pass before there are lasting signs of recovery. For more information on Sybase�s Financial Services Industry solutions, visit: http://www.sybase.com/products/industrysolutions/financialservices. About Sybase, Inc. Sybase is the largest enterprise software and services company exclusively focused on managing and mobilizing information. With our global solutions, enterprises can extend their information securely and make it useful for people anywhere using any device. The world's most critical data in commerce, communications, finance, and government runs on Sybase. For more information, visit http://www.sybase.com. Join us August 4-8 at Mandalay Bay Resort and Casino in Las Vegas for TechWave 2008, Sybase�s annual user conference. For more information, visit http://www.sybase.com/techwave. Sybase is a registered trademark of Sybase, Inc. All other company and product names mentioned may be trademarks of the respective companies with which they are associated.