[June 15th, 2007] – AG|Delta kicks off implementation of Structured Products Trading platform for leading Indonesian Bank. 
AG|Delta has commenced deployment of a Structured Products Trading platform for a leading Indonesian Bank to originate, warehouse and trade FXOptions and Interest Rate Structured Products.  Once completed it will be a first in the region for an emerging markets bank to originate Structured Products. Lawrence Grinceri, co-founder and AG|Delta director said “This project will raise the bar for other emerging market banks to compete in their respective markets for Structured Products. Those that can originate Structured Products will enjoy much higher margins that competitors who require 3rd party International Banks for product origination”.

[May 14, 2007] - Capital Markets | Trading Systems
AG|Delta delivers straight through Global Payments Solution for large European Bank. The business case to integrate the banks Murex front-office trading platform to the back office payments system was first identified in a review conducted by AG Delta in 2006. The review identified that by netting all the cashflows relating to FX & Currency Derivative transactions over the course of the day the volume of payments made to Client accounts would be reduced significantly while reducing operational risks in the current process. The system, which went live on May 14th, will initially manage the Banks Asia Pacific’s payments volume and be extended to cover the European operations later in the year.

[May 8, 2007] - Enterprise Risk | Basel II
AG Delta assists major regional Bank to deliver Basel Calculation & Reporting Solution (BCRS). The first run of BCRS in production will produce the Basel II reports for March which will be submitted to the FSA as a part of the process for our Basel II Waiver application. The success of the Waiver application is a critical milestone for the Bank in meeting it’s Basel II requirements and achieving it’s strategic goals. BCRS will continue to produce Basel II reports which will become an important tool for capital management within the Bank. Over time BCRS will be enhanced to support Regulatory reporting for many countries and their local regulators as well as a range of other key functions for the Group – a truly global and “one Bank” application.