Cheviot Asset Management LLP selects FFastFill’s Eclipse Clearing and Settlement Solution for Futures, FX and CFDs

London - 7 April 2008

Cheviot Asset Management, one of the UK’s fastest growing private wealth management businesses, has selected FFastFill's Eclipse for its new back office system. Cheviot will use Eclipse as a fully managed service delivered from FFastFill’s European data centres.

Paul Barnacle, Cheviot’s Head of Operations, commented: “Following the rapid growth of our Alternative Investments business, we are delighted to have a back office system that can keep pace with our ever growing needs and can support the wide range of investment strategies required to meet our clients objectives.”

Patrick Thornton-Smith, Managing Director of FFastFill PTP, commented: “We are delighted to welcome Cheviot Asset Management as a customer and look forward to a long working relationship with them.”

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