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London - November 18 , 2008 - Rhyme Systems, a division of 3i Infotech - Western Europe and a leading provider of asset management solutions, today announces that Bank of Scotland Investment Services (BOSIS), a part of the HBOS Group, has implemented rhymeSIGHT Reporting to Clients.

Developed to combat the increasing complexities associated with client reporting and to address requirements outside of traditional reporting solutions, the standalone solution provides complete automation of the production process. rhymeSIGHT Reporting to Clients will provide BOSIS with the ability to manage and represent multiple data sources in a single, high quality customer report. 
 
Now fully implemented, tested and operational, the solution has significantly streamlined the report production process and delivered a tenfold improvement in efficiency.

“Bank of Scotland Investment Services has developed a reputation for providing customers with first rate customer service and in-depth industry knowledge and expertise,” said Ian Hallam, rhymeSIGHT Business Unit Manager, Rhyme Systems. “We believe this service underlines Rhyme Systems’ intimate knowledge of the investment management industry and provides BOSIS with a fully integrated reporting solution that is tailored to meet future business demands."

Stephen Webster, Head of Operations, Bank of Scotland Investment Services, added, “Effective reporting is key to our business. By automating the production process, rhymeSIGHT Reporting to Clients provides our investment managers and their customers with an accurate and comprehensive overview of their financial portfolio.”

Rhyme Systems is the UK market leader in asset management solutions, with four out of the top five private wealth managers using its software and services.  Clients include Barclays Wealth, Rathbones, Jupiter and RBS Coutts.

About Rhyme Systems
Rhyme Systems is part of 3i Infotech and provides trusted, proven and effective mission-critical solutions and services to the Asset Management industry.  Some clients entrust Rhyme with the provision of a fully-managed service; for many Rhyme will undertake applications support and development; and for all clients Rhyme provides progressive, effective and proven products.  Rhyme’s products enable asset, fund and private wealth managers to achieve maximum performance through the provision of market leading software solutions.  Rhyme’s products are rhymeSIGHT™, rhymeSIGHT™ Reporting to Clients, Altimis, Fiscal and Arrow.

3i Infotech is a global Information Technology company which provides technology solutions to customers in more than 50 countries across five continents.

Further information can be found at www.rhymesystems.com

About 3i Infotech
3i Infotech is one of India’s leading IT companies and among the top 4 Indian Software Products Companies.* The Company provides software products and IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing (BPO) and IT Consulting) for the Insurance, Banking, Capital Markets, Mutual Funds, Wealth Management and Government verticals. The Company services customers in over 50 countries across 5 continents.

3i Infotech is SEI CMMI Level 5 compliant for Software Services, ISO 9001:2000 for BPO Services and ISO 27001:2005 certified for Infrastructure Services.

* Source: Dataquest

For more information, please contact:
Nicola Harley
Head of Marketing
3i Infotech (Western Europe)
Switchboard: +44 (0) 20 7071 3000
Phone:           +44 (0) 20 7071 3012
Fax:                +44 (0) 20 7071 3001


Disclaimer
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.