SAM is FFastFillâs comprehensive back office settlement and administrative system that process assets such as equities, gilts, bonds, FX and unit trusts. SAM is built on robust Oracle and Linux technology and fully utilises rigorous double entry accounting practices. The system is used by market practitioners including retail brokers, execution only brokers, institutional brokers, market makers and custodians. SAM has one a comprehensive Euroclear interface as well as connections to other settlement agents, industry standard front end systems and middle office applications. The product was launched with the introduction of CREST, but has been developed further to provide a comprehensive back office settlement solution for all varieties of brokers and market participants.
Louise Davies, Managing Director Business Development at FFastFill, said âWe are pleased that SAM has been recognised under the GoodAccredited System as one of the market leading stockbroking settlement products. This underlines FFastFillâs continued commitment to the application and the marketplaceâ.