Thursday, September 30, 2004

TD Securities Picks Calypso for Credit Derivatives

San Francisco, 30 September 2004 – Calypso Technology announced today that TD Securities, part of the TD Bank Financial Group, has selected Calypso as its global platform for credit derivatives trading and operations.

The solution will be rolled out to support trading activities in London, Toronto and New York as well as all risk and back office processing.

About TD Bank Financial Group
Headquartered in Toronto, Canada, with more than 51,000 employees in offices around the world, The TD Bank Financial Group (TDBFG), offers a full range of financial instruments and services to approximately 13 million customers worldwide. TD Bank Financial Group had more than CDN$274 billion in assets. TD Bank Financial Group ranks as one of the top on-line financial services providers in the world with more than 4.5 million on-line customers. The TD Bank Financial Group (TDBFG) trades on the Toronto and New York stock exchanges under the symbol "TD".

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