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FFASTFILL PLC
- 10th December, 2003
FFastFill announces new customer for recently launched FFastServe ASP OfferingFFastFill are pleased to announce a new customer for the recently launched FFastServe
fully managed ASP service. DRW Capital Markets UK, has signed an agreement that
will provide it with a fully managed technology service and will allow it to
focus on building it's business and growing its customer base.
The DRW Trading Group is a sophisticated organisation focused
on two main aspects of trading: proprietary trading and execution
services. A new DRW business unit is being established in
the UK, offering broking services. In order to establish
the unit as quickly as possible, DRW decided that the most
cost-effective way was to take all of their technology requirements
as an externally provided service. DRW chose FFastFill's
FFastServe as it was best able to meet all of its initial
requirements and was scalable to meet potential future requirements.
The FFastServe service for DRW will provide the FFastFill futures
and options trading system, FFastRisk pre- and post-execution
risk management and the FFastTrack trade tracking system, all
running across the FFastConnect platform, providing connectivity
initially to Euronext.Liffe, Euronext.Paris and Eurex. As Keith
Todd, chairman of FFastFill says "I am
delighted that DRW have become a FFastFill customer. It is
the delivery of specialist managed services, like FFastServe
that provides customers like DRW with the benefits of high
performance and low cost and meet the real needs of their end
users."
For further information, please contact:
FFastFill plc - Tel: (020) 7665 8900
Keith Todd, Executive Chairman
Nigel Hartnell, Business Development Director
Rostron Parry - Tel: (020) 7490 8062
John Parry/Lynda Hall
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