Fidessa and FastFill Explore Collaboration on Products for Cash and Derivatives Markets
London, 12th November 2004 - royalblue and FastFill 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, CEO of royalblue, 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, CEO of FfastFill, added " 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."