BSG Bisys Grp.

BISYS Alternative Investment Services, a leading global provider of administrative, accounting and tax services for the hedge fund and private equity industry, and Beauchamp, a wholly-owned subsidiary of Linedata Services, have joined forces to provide an enhanced straight-through processing solution for hedge fund managers. Together, BISYS and Linedata�s Beauchamp FundManager application will deliver a platform for trade capture, P&L portfolio analysis, custom report design and automated reconciliations. Beauchamp FundManager is a highly configurable and scalable trading and portfolio management system built to meet the needs of those hedge funds requiring fully automated trading support, P&L and portfolio analysis across a wide array of instrument types and position classes. BISYS� clients will enter trades into FundManager using the just-released FundManager Desktop trade blotter. These trades, and the related position data, flow straight through into the BISYS fund accounting system. Real-time portfolio management capabilities, including electronic trading, real-time P&L and fund accounting will also be offered as additional modules to BISYS clients on the platform. �We are very excited to be partnering with Beauchamp,� said Mary Lumetta, vice president of BISYS Hedge Fund Services. She added, �We are highly committed to the success of our clients. This partnership allows us to lower their total cost of ownership and further raises our already exceptional operational efficiency.� Beauchamp�s FundManager is fully integrated with our administration platform allowing us to provide end-to-end transparency for our clients.� Clare Flynn Levy, president of Beauchamp said, �We are very pleased to be working with a company like BISYS. The continued success and recognition given to products like FundManager and the Beauchamp software suite are a result of our focus on the hedge fund sector. We look forward to growing our relationship with BISYS and offering the best solutions for its clients.� About Beauchamp Beauchamp (formerly Beauchamp Financial Technology), the hedge fund solutions offering from Linedata Services, has been building, marketing and supporting trading & portfolio management software products for alternative investment managers since 1997. The Beauchamp software suite caters to multi-currency, multi-asset class and multi-strategy investing and spans all stages of the trade life cycle, from electronic trading and order management, through to real-time P&L, portfolio analysis, automated reconciliation and portfolio accounting. For more information, please visit www.bftl.com. About Linedata Services Linedata Services is a leader in the financial technology market, delivering global software solutions for asset management, savings & insurance and leasing & credit finance. Linedata Services� asset management offering is a complete set of best-of-breed software products, spanning front to back-office. Our solutions address the specific requirements of mutual and institutional funds, alternative and hedge funds, fund administrators, prime brokers and private wealth companies. As well as traditional deployment options, all of Linedata�s products are also available through an ASP (Application Service Provider) model, providing hosted hardware and software management. Linedata has 20 years� experience delivering ASP solutions. Headquartered in France and listed on the Paris stock exchange, Linedata Services achieved revenues of EUR 119.8 million in 2005, has offices worldwide and services more than 1,000 clients across 50 countries. For more information visit Linedata Services at www.ldsam.com. About BISYS Alternative Investment Services BISYS Alternative Investment Services is a leading global provider of administrative, accounting, advisory, and tax services for the alternative investment industry with over $225 billion in assets under administration. BISYS provides innovative and tailored solutions to approximately 500 clients and over 1,500 funds, including hedge funds, private equity funds, fund-of-funds, and other alternative investment products. BISYS Alternative Investment Services is a division of The BISYS Group, Inc. About BISYS The BISYS Group, Inc. (NYSE: BSG) provides outsourcing solutions that enable investment firms and insurance companies to more efficiently serve their customers, grow their businesses, and respond to evolving regulatory requirements. Its Investment Services group provides administration and distribution services for mutual funds, hedge funds, private equity funds, retirement plans, separately managed accounts, and other investment products. Through its Insurance Services group, BISYS is the nation�s largest independent wholesale distributor of life insurance and a leading independent wholesale distributor of commercial property/casualty insurance, long-term care, disability, and annuity products. Additional information is available at www.bisys.com. Except for the historical information contained herein, the matters discussed in the press release are forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current reasonable expectations and are subject to certain assumptions, risks, uncertainties and changes in circumstances due to future events as well as changes in economic, competitive, regulatory and/or technological factors affecting BISYS� business, including, without limitation, the ongoing government investigations and litigations involving the company. More detailed information about risk factors that could cause actual results to differ materially are noted in BISYS� periodic filings with the Securities and Exchange Commission. These documents can be accessed on BISYS� website at www.bisys.com under the �Investor Relations� tab. Forward-looking statements are only predictions, not guarantees of performance, and speak only as of the date they are made. BISYS disclaims any obligation to update or amend these statements in light of new information, future events or otherwise. BISYS Alternative Investment Services, a leading global provider of administrative, accounting and tax services for the hedge fund and private equity industry, and Beauchamp, a wholly-owned subsidiary of Linedata Services, have joined forces to provide an enhanced straight-through processing solution for hedge fund managers. Together, BISYS and Linedata's Beauchamp FundManager application will deliver a platform for trade capture, P&L portfolio analysis, custom report design and automated reconciliations. Beauchamp FundManager is a highly configurable and scalable trading and portfolio management system built to meet the needs of those hedge funds requiring fully automated trading support, P&L and portfolio analysis across a wide array of instrument types and position classes. BISYS' clients will enter trades into FundManager using the just-released FundManager Desktop trade blotter. These trades, and the related position data, flow straight through into the BISYS fund accounting system. Real-time portfolio management capabilities, including electronic trading, real-time P&L and fund accounting will also be offered as additional modules to BISYS clients on the platform. "We are very excited to be partnering with Beauchamp," said Mary Lumetta, vice president of BISYS Hedge Fund Services. She added, "We are highly committed to the success of our clients. This partnership allows us to lower their total cost of ownership and further raises our already exceptional operational efficiency." Beauchamp's FundManager is fully integrated with our administration platform allowing us to provide end-to-end transparency for our clients." Clare Flynn Levy, president of Beauchamp said, "We are very pleased to be working with a company like BISYS. The continued success and recognition given to products like FundManager and the Beauchamp software suite are a result of our focus on the hedge fund sector. We look forward to growing our relationship with BISYS and offering the best solutions for its clients." About Beauchamp Beauchamp (formerly Beauchamp Financial Technology), the hedge fund solutions offering from Linedata Services, has been building, marketing and supporting trading & portfolio management software products for alternative investment managers since 1997. The Beauchamp software suite caters to multi-currency, multi-asset class and multi-strategy investing and spans all stages of the trade life cycle, from electronic trading and order management, through to real-time P&L, portfolio analysis, automated reconciliation and portfolio accounting. For more information, please visit www.bftl.com. About Linedata Services Linedata Services is a leader in the financial technology market, delivering global software solutions for asset management, savings & insurance and leasing & credit finance. Linedata Services' asset management offering is a complete set of best-of-breed software products, spanning front to back-office. Our solutions address the specific requirements of mutual and institutional funds, alternative and hedge funds, fund administrators, prime brokers and private wealth companies. As well as traditional deployment options, all of Linedata's products are also available through an ASP (Application Service Provider) model, providing hosted hardware and software management. Linedata has 20 years' experience delivering ASP solutions. Headquartered in France and listed on the Paris stock exchange, Linedata Services achieved revenues of EUR 119.8 million in 2005, has offices worldwide and services more than 1,000 clients across 50 countries. For more information visit Linedata Services at www.ldsam.com. About BISYS Alternative Investment Services BISYS Alternative Investment Services is a leading global provider of administrative, accounting, advisory, and tax services for the alternative investment industry with over $225 billion in assets under administration. BISYS provides innovative and tailored solutions to approximately 500 clients and over 1,500 funds, including hedge funds, private equity funds, fund-of-funds, and other alternative investment products. BISYS Alternative Investment Services is a division of The BISYS Group, Inc. About BISYS The BISYS Group, Inc. (NYSE: BSG) provides outsourcing solutions that enable investment firms and insurance companies to more efficiently serve their customers, grow their businesses, and respond to evolving regulatory requirements. Its Investment Services group provides administration and distribution services for mutual funds, hedge funds, private equity funds, retirement plans, separately managed accounts, and other investment products. Through its Insurance Services group, BISYS is the nation's largest independent wholesale distributor of life insurance and a leading independent wholesale distributor of commercial property/casualty insurance, long-term care, disability, and annuity products. Additional information is available at www.bisys.com. Except for the historical information contained herein, the matters discussed in the press release are forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current reasonable expectations and are subject to certain assumptions, risks, uncertainties and changes in circumstances due to future events as well as changes in economic, competitive, regulatory and/or technological factors affecting BISYS' business, including, without limitation, the ongoing government investigations and litigations involving the company. More detailed information about risk factors that could cause actual results to differ materially are noted in BISYS' periodic filings with the Securities and Exchange Commission. These documents can be accessed on BISYS' website at www.bisys.com under the "Investor Relations" tab. Forward-looking statements are only predictions, not guarantees of performance, and speak only as of the date they are made. BISYS disclaims any obligation to update or amend these statements in light of new information, future events or otherwise.