| ABN AMRO Clearing signs global deal for FFastFill’s SEALS SaaS middle office solution |
| Tuesday, 16 November 2010 00:00 |
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FFastFill plc (LSE: FFA), the leading provider of Software as a Service (“SaaS”) to the global derivatives community, is pleased to announce that its middle office matching and allocation suite, SEALS, is to be deployed throughout ABN Amro Clearing’s global middle office operations in Asia, Europe and the US. FFastFill’s SEALS delivers global exchange and markets connectivity and a flexible processing capability into highly automated back office systems, allowing simplified management of exchange and exception trades. SEALS also adapts flexibly to customers’ internal systems, other third party systems and to customer back office systems. SEALS has connectivity to all major derivatives clearing houses worldwide. Hamish Purdey, Chief Executive, said “This is a very pleasing and significant contract win for FFastFill. FFastFill had already been established as a middle office service provider to ABN Amro Clearing Europe, but to win the global mandate after a long competitive process at ABN Amro Clearing – one of the most respected names in clearing and post trade for a wide range of derivatives industry clients – is extremely satisfying.” For further information please contact: FFastFill plc +44 (0)20 3002 1900Keith Todd, Executive Chairman Hamish Purdey, Chief Executive Officer FD +44 (0)20 7831 3113 James Melville-Ross / Matt Dixon / Emma Appleton CanaccordGenuity +44 (0)20 7050 6500 Simon Bridges finnCap +44 (0)20 7600 1658 Tom Jenkins / Charles Cunningham About FFastFill FFastFill is the leading provider of application services to the global derivatives community with using 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 is traded on London’s AIM (AIM:FFA) www.ffastfill.com
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