Sydney, January 25, 2012 - The Australian Securities Exchange (ASX), the leading securities exchange in Australia, and FFastFill PLC, a leader in providing Software as a Service (SaaS) to the global financial marketplace, today announced that FFastFill will be adding its globally renowned SaaS infrastructure and services within ASX's new data and co-location centre - the ASX Australian Liquidity Centre (ALC). This new service will become operational on 20 February 2012.
The ALC is a purpose-built, state-of the-art data centre
designed to meet the demands of ASX participants and service
providers for the lowest latency access to ASX execution and
information services. The ALC will allow ASX to significantly
extend the availability of hosting services to ASX
participants, vendors and the broader financial market
community.
By having its SaaS infrastructure within the ALC, FFastFill
will be able to provide domestic and international trading
participants with the lowest latency connection to the
Australian Futures Market.
David Raper, ASX General Manager Trade Execution and
Information Services, said: "ASX is pleased to welcome
FFastFill into the expanding financial market community in
the ALC. The high quality SaaS technology provided by
FFastFill creates business opportunities and synergies for
all members of the ALC community."
Ian Le Noury, FFastFill Director of Business Development and
Customer Management Asia Pacific, said: "The ASX ALC in
conjunction with FFastFill's enhanced SaaS technology will
provide superior execution for our global trading community
through the low latency setup. This setup will allow traders
to reduce latency, no matter where they are located within
the FFastFill global infrastructure, and enable traders to
make the most of our new spreading
technology, SpreadIntelligence, and FFastFill's enhanced
order release mechanisms."
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About ASX
ASX Limited is the listed holding company for a number of
licensed operating subsidiaries, together forming the ASX
Group (ASX), which offers a range of market services linked
by a common purpose: to provide core financial markets
services and infrastructure to meet the needs of a wide range
of financial markets stakeholders, and for a globally
competitive and vibrant Australian economy. ASX is a
multi-asset class, vertically integrated exchange group,
ranked one of the world's top-10 largest by market
capitalisation. Its activities span primary and secondary
market services, central counterparty risk transfer, and
transaction settlement for both the equities and fixed income
markets. ASX functions as a market operator, clearing house,
payments system facilitator and central securities
depository. It also oversees compliance with its operating
rules, promotes standards of corporate governance among
Australia's listed companies and helps to educate retail
investors. More
information on ASX can be found at: www.asxgroup.com.au.
About FFastFill
FFastFill is the leading provider of Software as a Service to
the global derivatives community 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). More
information on FFastFill can be found at: www.ffastfill.com.
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distribué par | Ce noodl a été diffusé par ASX Limited et initialement mise en ligne sur le site http://www.asx.com.au. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-25 03:22:50 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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