Electrums Automated SRRI Financial Reporting for UCITS Fund Managers KII Document s Electrum, the leading automated

documents provider, has developed a new system f or producing and updating SRRI values for UCITS* funds. Edinburgh, UK, July 18, 2012 -- Electrum, the leading automated documents provid er, has developed a new system for producing and updating SRRI values for UCITS* funds. SRRIs (Synthetic Risk Reward Indicator) are the crucial rating for assessing inv estment risk. They are contained in the new mandatory Key Investor Information ( KII) document that has to be provided directly to all investors in UCITS funds f rom July 2012. *UCITS are investment funds categorised as Undertakings for Collective Investmen t in Transferable Securities. Examples of the SRRI standardised investment risk ratings: 1 is minimal risk (like National Savings) 4 is a medium risk that may fluctuate in value (for example: property) 7 flags serious risk (such as commodities) The KII documents are designed to make it easier for investors to compare funds from different providers from across the EU, by standardising and streamlining t he presentation of key information. Stuart Harper, Electrums MD says, Now that most fund managers have published their Key Investor Information documents (KIIDs) in readiness for the July deadline; t he collective sigh of relief is almost palpable. However, many are only now disc overing that the pain is not over, since the UCITS IV regulations that introduce d the KIID also brought an obligation to keep the KIID up to date. Most of the c ontent of the KIID needs relatively infrequent reviews, but the Synthetic Risk a nd Reward Indicator (SRRI) category needs constant attention. Electrums KiiDocs S RRI Monitor automates both the calculation and monitoring of the SRRI values to ensure that fund managers KII documents stay up to date, automatically complying with the new rules for managing UCITS. For example, the SRRI Monitor calculates the SRRI values weekly, tracking the cal culated value of the fund against the previously published value for each fund. This information is summarised in an at a glance dashboard, backed up by a weekly report that demonstrates the length of time any values of funds have strayed fro m the published values. Electrums SRRI Monitor provides a complete audit trail containing the entire hist ory of all data loaded, including revisions, plus all the SRRI values calculated , with direct links back to the source data. It allows manual entry of SRRIs for exotic fund types (e.g. structured products) and users can view or download dat a & SRRI values for all dates and funds. Electrums SRRI Monitor is a hosted application accessed using a web browser. New clients can start using it immediately as no locally-installed software is requi red. Data entry is via familiar Excel spreadsheets. The all-inclusive annual fe e for the SRRI Monitor is based on the number of share classes monitored. There are no set-up charges. (Electrum is at http://www.electrum.co.uk/). Background information follows.

Screenshots of the SRRI Monitor on request. For further information and comment, please contact: Sandy Wood, Business Develo pment Manager, Electrum. t. 0131 4543507 e. sandy.wood@electrum.co.uk Electrum Multimedia Limited: 58-59 Timberbush, Edinburgh, EH6 6QH, United Kingdo m Background Information on Electrum (http://www.electrum.co.uk/) Electrum is a Microsoft Gold Partner that specialises in automated document and reporting solutions for the financial services sector. Electrum has clients in major financial centres in the UK, Europe and the US. Established in 1998 at Edinburgh, Electrum has a 16 year pedigree in the client reporting sector, giving them with a wealth of experience in all aspects of soft ware development and an in depth knowledge of the Financial Services Industry. E lectrums automated solutions cut costs and timescales, assisting their clients wi th business process changes and business development opportunities. Electrum products include: Automated Documents: High quality solutions for print or web ready documents in a range of formats including Office and PDF, such as: KiiDocs: automation of the production of Key Investor Information Documents as p art of the UCITS IV directive. DocGen: Automatically create print ready professional standard documents contain ing text, tables and charts from spreadsheet data Factua: automatic generation of print-ready fund factsheets Slide Library: Automatically create and update branded, consistent PowerPoint pr esentations from a library of approved slides. Presentation Library System: automatic generation of Microsoft PowerPoint or PDF presentations from a store of approved slides Proposal Template: Produce compliant proposals from a library of approved conten t Microsoft Office Templates & Add-ins: Ranging from simple templates & add-ins to the automatic generation of large and complex documents and PowerPoint presentations, e.g. Smart Templates: brand-specific templates allow complex designed documents to be simply produced in-house using Word. A branding toolbar has buttons to automati cally create complex branding elements such as tables, charts and side-bars. Plu s document-specific business logic. Can be integrated into larger systems. Bespoke Development & Consultancy: Helping to make businesses run more efficiently, effectively and productively. Expert consultancy across a wide range of sectors for clients of any size, from farmers to designers. Bespoke development services, mainly web-based, using a variety of languages and

platforms. Contact: Penny Haywood PHPR Ltd Communications House 3 Lower Joppa Edinburgh, UK, EH15 2ER 0131-669-5190 penny@phpr.co.uk http://www.phpr.co.uk/