| FFastFill announces new contract with Mizuho |
| Tuesday, 30 September 2008 01:00 |
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FFastFill plc (AIM: FFA.L), the leading provider of application services to the electronic trading community, announces today that it has entered into an application service provision (“ASP”) contract with Mizuho Securities USA Inc. (“MSUSA”). The contract will see FFastFill provide MSUSA with live connectivity to the London Metal Exchange (LME). FFastFill have for some time been regarded as the leading provider of exchange trading and risk management services to brokers trading on LME Select, the exchange's electronic dealing platform. MSUSA becomes the latest LME Category 1 and 2 member to use FFastFill's advanced application services to access this platform. Keith Todd, Executive Chairman and CEO of FFastFill said: “I am delighted to announce our selection by MSUSA. This news further reinforces FFastFill's position as the leader in application service provision to the LME and our fast and flexible deployment timescales.” For further information please contact: Keith Todd , Chairman and Chief Executive Officer
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'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. |