IMTRADER powers advanced messaging and order-transaction capabilities for Goldman Sachs

New York, NY – April 16, 2007 - Pivot, an inter-enterprise performance network company serving capital markets, today announced its flagship product, IMTRADER, is powering the Goldman Sachs Execution and Clearing, LP algorithmic trading GSmartView Alerts. The Pivot network allows Goldman Sachs to streamline its ability to service their customers and further empower the trader by offering rapid delivery of order and market information via the AOL instant messaging (IM) network.

Pivot services the communication, information management and trading needs of institutional professionals. Goldman Sachs is using IMTRADER to more effectively send GSmartView Alerts, which act like a virtual sales trader, alerting the user of algorithmic orders that are not performing as expected and of market conditions that may impact the algorithms’ behavior. Similarly, “Market Pulse” alerts provide notification of events based upon the user’s chosen sectors or watch list. Originally, Goldman Sachs’ GSmartView Alerts were sent to clients through REDIPlus, the firm’s electronic trading platform, or via email.

Pivot’s IMTRADER integrates instant messaging, information management, research and trading technology to provide a powerful productivity and customer service tool for institutional investment professionals. By integrating with critical institutional applications and systems, it increases speed of response, ensures timely access to information and reduces costs and errors. The Pivot network is one of the fastest growing investment communities with more than 2,000 members, including over 350 buy-side firms that have traded more than three and a half billion shares.

About Pivot
Pivot is an inter-enterprise performance network dedicated to serving the capital markets arena. Pivot boosts customers’ performance by aggregating and integrating information and data across disparate sources into decision-making and trading specific workflows. Pivot increases relevance through structured data, and networking people and services 360 degrees around transactions. The Pivot network helps transform conversations into ideas and ideas into transactions by integrating information, relationships and transactions into a single pivot point, giving customers the best information to base decisions. Based in both Boston and New York City, Pivot Solutions is backed by Eze Castle Integration and leading venture capital firms Softbank Capital, Draper Fisher Jurveston Gotham Ventures and Hudson Ventures. For more information, please visit http://www.pivotsolutions.com.