LANDSBANKI GO LIVE WITH FFASTFILL POST TRADE PROCESSING FOR BOTH DERIVATIVES AND EQUITIES

London - 15 November 2007

Landsbanki the Full Service European Corporate Bank has recently gone live with FFastFill Post Trade Processing’s (PTP) Eclipse and SAM applications to service its CFD and Equity business lines.

Director of Operations at Landsbanki London; Bupa Gandhi comments “Building on our strong foundation in Iceland, Landsbanki is aggressively extending its financial operations into new markets and we chose FFastFill Post Trade Processing as the best technical and functional solution in this space. Their ability to meet our ambitious deadlines has been impressive”

“We are very pleased to have been selected by Landsbanki for this project and have once again proved that our multi-asset full service hosted solutions can be implemented in weeks not months ensuring our customers can enable fast and effective growth taking advantage of our new technologies and the inherent cost saving and revenue generating benefits that accrue”, said Patrick Thornton-Smith, Managing Director at FFastFill PTP.

Bupa Gandhi concludes, “Working with the right partner to support the Banks growing product line is vital for us and FFastFill PTP have already proved that our selection of both Eclipse and SAM was the correct one.”

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