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FFastFill continue growth in LME space

Toyota Tsusho Metals Limited (TTM) the LME Category 2 member and subsidiary of the Toyota Tsusho Corporation Group has announced its full implementation of the FFastFill Eclipse post trade processing (PTP) middle and back office system.

TTM initially went live with Eclipse during 2007 for its soft commodity business activities followed by a full implementation of the Eclipse Metals solution for its non-ferrous metals propriety and broking activities.

Bob Kelly, Finance Officer of TTM comments, ‘As our business has grown over the years we realised the need to implement a functionally rich and robust solution for our risk management and accounting demands. We were impressed by the commitment FFastFill had to the metals sector and we are delighted to be the first live client of Eclipse Metals that we chose to use on a fully outsourced ASP basis.'

Commenting on this news Patrick Thornton-Smith, Managing Director of FFastFill PTP adds, ‘TTM taking Eclipse is a major step for us as they are a highly respected member of the LME and the use of Eclipse for both their metals and soft commodity business underlines the true multi-asset benefits of Eclipse.'

TTM are using Eclipse in its London office and there is the potential to roll this out to their overseas client base during 2008 as well as investigating the full FFastFill STP solution including electronic access to the LME Select system.

About Toyota Tsusho Metals Limited (TTM)

TTM is an Associate Broker Clearing Member (Category 2) of the LME. Our involvement in Toyota on the Exchange spans two decades, during which time TTM has provided a tailored service catering for the ever-increasing needs of our international clientele.

We are a 100% owned subsidiary of the Toyota Tsusho Corporation located in Nagoya , Japan . Our London Head Office is located in the City of London .

About FFastFill

FFastFill is the leading provider of application services to the global derivatives community.

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 as part of an integrated, yet modular system architecture.

FFastFill recently acquired Exchange Systems Technology Ltd, a company supplying back office (Post Trade Processing) systems to the financial markets.

For further information please contact:

Keith Todd
Chairman and Chief Executive Officer
FFastFill plc
+44 (0)20 7665 8930

Patrick Thornton-Smith
Group Marketing Director
FFastFill
+44 (0)20 7065 7542

John Parry
Rostron Parry
+44 (0)20 7490 8062

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