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royalblue and FFastFill today announced that they are looking at opportunities to collaborate in the development of applications and the delivery of application services in both the cash equities and derivatives markets. Both companies are seeing strong demand for high quality trading software which supports both the cash and derivatives markets, and believe that co-operation may be in the long term interests of their customers in ensuring the fastest time to market for their product functionality. Commenting on the announcement Chris Aspinwall said "Following the recent announcement by royalblue that Stephen Grob would be joining our management team, it was natural that we would explore working with FFastFill. We have been very impressed with their technology and feel there are a number of areas, such as exchange connectivity, where they could help to significantly reduce the time to market for combined cash equity and derivatives applications". Keith Todd said "We think that offering our customers the best of what both Fidessa and FFastFill can provide would offer the market the first genuine cross-asset class platform suitable for all the players in the market". About Fidessa
Fidessa, from royalblue, is a world leading solution for trading systems, market data and global connectivity. Available as a simple workstation or as an integrated application suite, Fidessa is built on the clear vision of providing the richest functionality, coverage and distribution to all tiers of the financial markets. Fidessa is used by over 100 financial institutions globally and has become the benchmark and product of choice for this market. www.fidessa.com For further information, please contact:
royalblue - Tel: +44 20 7929 9250
Simon Barnby
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Evelina Amanatidou - Tel: +44 20 7959 5470
660° for royalblue
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About FFastFill
FFastFill is the leading provider of application services to the global derivatives community. FFastFill services and solutions utilize the latest developments in technology to automate trade flow processes across a firm's front, middle and back offices. FFastFill solutions encompass electronic order routing, clearing, risk management and back office reporting as part of an integrated, yet modular system architecture. FFastFill 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:
FFastFill- Tel: 020-7665-8931
Nigel Hartnell
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Rostron Parry- Tel: 020-7904-8062
John Parry
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