CHICAGO, May 31st, 2006 – FFastFill Inc. announced today that a major global USA financial institution has contracted with FFastFill to provide a broad range of managed application services to that institution’s derivatives traders, sales, and back-office operations. FFastFill will provide the services from its fully managed data centers in Chicago and London supporting the Bank’s needs globally. FFastFill Inc. is the U.S. operation of London-based FFastFill plc, the derivatives industry’s leading application services provider.
FFastFill will host the bank’s connectivity to multiple futures and options exchanges with its new generation technology, FFastFill NG. The services will include FFastFill’s order book management system, Tracking Pro, which will enable the Bank to aggregate its order flow across multiple execution platforms.
“I am pleased that we were able to expand our relationship with this important global financial institution.” said Keith Todd, Chairman and Chief Executive Officer of FFastFill plc.
Hamish Purdey, Chief Operating Officer of FFastFill plc, said: “The application services we will provide to this major global institution are expandable, flexible and cost-efficient. We are able to customize our application service that supports multiple exchanges to suit the bank’s specific trading needs, as well as their critical real-time risk management requirements.”