Steve Claiborne
Public Relations
1301 2nd Avenue
Seattle, WA 98101
Phone: (206) 505-1858
Email: newsroom@russellinvestments.com
russellinvestments.com

Wendy Stovell
Marketing
850 Hansen Way
Palo Alto, CA 94304
Phone: (650) 424-4500
Email: wendy.stovell@integral.com
www.integral.com

PRESS RELEASE
Russell FX Network (RFX Network) powered by Integral InvestorFX™
delivers 64% savings in transaction cost
SEATTLE and PALO ALTO (February 12, 2018) — Global asset manager Russell Investments
today released figures from an internal study showing significant cost savings delivered byRussell FX Network (RFX Network) for currency transactions in 2017.
RFX Network is a trading platform for foreign exchange (FX) transactions designed for the buyside community, including asset owners and pension funds. Built on Integral’s InvestorFX
technology, RFX Network combines advanced execution functionalities with a seamless OMS
and allocation workflow designed for asset managers.
Transactions executed in 2017 through RFX Network saved clients 64% in execution costs,
consistent with the 65% savings delivered in 2016.
“Our findings attribute these cost savings to a combination of better liquidity and superiornetting,” said Jason Lenzo, Director of Equity, Fixed Income and FX Trading at Russell
Investments. “Our firm’s trading desk has been using Integral’s technology for several years
and, as a result, we can offer a substantially better service to our clients.”
By leveraging Integral’s InvestorFX technology, RFX Network brings a number of innovative
features to FX markets that generally are associated with equity markets, such as smart orderrouting and aggregation, access to non-bank liquidity, broker-neutral algorithms, and midpoint
matching.

PRESS RELEASEPAGE 2“We are proud to continue providing top-tier technology to our long-term partner, Russell
Investments, to help their clients achieve tremendous cost savings in their currency
executions,” said Vikas Srivastava, Chief Revenue Officer at Integral.
RFX Network is available both as part of Russell Investments’ agency FX business as well as aself-service offering to the firm’s clients. For usage information, please email
FXtrading3@russellinvestments.com or dial the FX desk in Seattle at 206.505.2680.
Additional information on Russell Investments is available atrussellinvestments.com/us/solutions/institutions/investment-implementation
Additional information on InvestorFX is available at www.integral.com/asset_managers

About Russell Investments
Russell Investments, a global asset manager, offers multi-asset portfolios and services which include advice,investments and implementation. Russell Investments stands with institutional investors, financial advisors andindividuals working with their advisors—using the firm’s core capabilities that extend across capital market insights,
manager research, asset allocation, portfolio implementation and factor exposures—to help each achieve their
desired investment outcomes. The firm has more than $296 billion in assets under management (as of 12/31/2017).
Headquartered in Seattle, Washington, Russell Investments operates globally with 21 offices, providing investment
services in the world’s major financial centers such as London, Paris, Amsterdam, Sydney, Tokyo, Shanghai, Toronto
and New York. For more information about how Russell Investments helps to improve financial security for people,
visit russellinvestments.com or follow @Russell_Invest.

About Integral
Integral is a financial technology company that helps our customers—banks, brokers, and asset managers—
outperform their competition in the foreign exchange market using our innovative solutions for workflow
management and advanced execution. This powerful cloud-based platform is the industry’s only answer for FX
institutions that want to design and deliver complete solutions tailored to their businesses. Our modern approach ofaddressing the entire FX lifecycle with an intelligent platform allows our customers to achieve the lowest transaction
costs, greatest operational efficiency, and highest yield. Founded in 1993, Integral maintains development, support,and sales offices in Palo Alto, New York, London, Tokyo, Singapore and Bangalore.
For more information, visit www.integral.com ©2018 Integral Development Corp. All rights reserved. Integral
technology is protected under U.S. Patent Nos. 6,347,307; 7,882,011; 8,417,622; 8,862,507; 9,412,134; 9,836,789
and patent pending applications and related intellectual property.

Important Information
Foreign Exchange services provided by Russell Investments Implementation Services Inc., a SEC registeredinvestment adviser.

PRESS RELEASE

PAGE 3Russell Investments’ ownership is composed of a majority stake held by funds managed by TA Associates withminority stakes held by funds managed by Reverence Capital Partners and Russell Investments’ management.
Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights
related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted
to use under license from Frank Russell Company. The members of the Russell Investments group of companies are
not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand.

Russell Investments is an independent organization and is not affiliated with Integral Development Corp.
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