FFastFill plc - 31st May, 2006
FFASTFILL SIGNS A MAJOR GLOBAL US FINANCIAL INSTITUTION FOR MANAGED APPLICATION SERVICES

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.”

About FFastFill
Headquartered in London, FFastFill plc (www.ffastfill.com) is a leading provider of application services to the global derivatives community.  FFastFill Inc. is the company’s U.S. operation. FFastFill’s services and solutions use the latest developments in technology to automate trade flow processes across a firm’s front, middle and back offices.  FFastFill’s solutions encompass electronic order routing, clearing, risk management and back-office reporting as part of an integrated, yet modular system architecture.  FFastFill’s application services provide institutions with cost savings in their administrative and IT departments and significantly reduce or eliminate the investment costs associated with maintaining their own technology infrastructure.  All of FFastFill’s services are delivered against a contracted Service Level Agreement (SLA), which can be tailored to an institution’s business requirements. This quality of delivered service has been enabled through the deployment of a uniquely engineered and totally managed software and technology infrastructure.

For further information, please contact:
Crystal Clear Communications (for FFastFill)
Ellen G. Resnick
773/929-9292 (o)
312/399-9295 (mobile)
eresnick@crystalclearPR.com

FFastFill plc
Keith Todd, Executive Chairman - Tel: (0207) 665 8900 

Rostron Parry - Tel: (0207) 490 8062
John Parry

back to main menu