RNS Number : 5790C FFastFill PLC 17 November 2009
17 November 2009
FFastFill plc
IGNIS ASSET MANAGEMENT CHOOSE ECLIPSE FOR LISTED AND OTC DERIVATIVES PROCESSING
Ignis Asset Management (Ignis) has recently signed an agreement with FFastFill plc for their Eclipse post trade processing settlement and margining solution. This decision comes after an exhaustive selection process and Eclipse now forms an integral part of the new Ignis derivatives technology infrastructure.
Commenting on this Patrick Thornton-Smith, Managing Director at FFastFill says, 'We are delighted to welcome Ignis as a new client of our Eclipse software as a service solution to support their listed derivatives and sector swap processing activity. Ignis is a leading UK investment manager and to have the company as a customer underlines our commitment to both the buy and sell side of the post trade processing business.'
Derek Montgomery Derivatives Operations Manager at Ignis add's, 'Following our thorough evaluation process we chose Eclipse not only for the product functionality and flexibility but for the support from the FFastFill Eclipse team and we look forward to a long, successful relationship with them.'
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About FFastFill
FFastFill is the leading provider of application services to the global financial 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 is traded on London's AIM (AIM:FFA)
www.ffastfill.com
About Ignis
Ignis Asset Management has a unique structure that is designed to deliver outperformance across a broad fund range and meet the varying needs of clients. Formerly Resolution Asset Management, Ignis was rebranded in November 2008. It is totally independent and manages around £71 billion on behalf of UK and overseas retail and institutional investors. This robust capital base provides long-term financial stability, an important consideration for investors.
www.ignisasset.com
For further information please contact:
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FFastFill plc
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+44 (0)20 3002 1900
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Keith Todd, Executive Chairman
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Hamish Purdey, Chief Executive Officer
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Canaccord Adams
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+44 (0) 20 7050 6500
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Simon Bridges
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Andrew Chubb
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FinnCap
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+44 (0) 20 7600 1658
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Charles Cunningham
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Financial Dynamics (Financial PR)
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+44 (0)20 7831 3113
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James Melville-Ross / Matt Dixon / Emma Appleton
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Rostron Parry (Trade Press PR)
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+44 (0)20 7490 8062
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John Parry
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This information is provided by RNS
The company news service from the London Stock Exchange END NRABFBATMMBBBML
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