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Puma Financial enters 5-year deal with Rolfe & Nolan for RISC F&O Processing Bureau

Rolfe & Nolan Systems Inc. today announced that Puma Financial, a Chicago-based non-clearing FCM, has entered a 5-year agreement for RISC, Rolfe & Nolan’s comprehensive back-office platform, and e-Route, Rolfe & Nolan’s internet/intranet data formatting and delivery system. RISC and e-Route are delivered by Rolfe & Nolan under an ASP (Application Service Provider) model, allowing Puma to cost-effectively outsource their hardware, network connectivity, application processing and exchange connectivity requirements to Rolfe & Nolan.

“Puma Financial’s staff brings a high level of market knowledge to the table,” said Bob Sylverne, CEO of Rolfe & Nolan Inc. “While Rolfe & Nolan prides itself on working with market participants of varied experience, having a client firm like Puma - with solid expertise at many levels of the firm – can only facilitate the process of implementation and maintenance. We look forward to a positive experience as Puma’s back office vendor.”

“We are pleased to benefit from the state-of-the-art functionality delivered by an established industry vendor like Rolfe & Nolan,” said Phil Bus, CFO of Puma Financial. “Thanks in part to this exciting new relationship, Puma Financial is poised to offer the very best in futures trading services to its customers. “