FFA Ffastfill

TIDMFFA

FFastFill PLC

24 September 2012

24 September 2012

FFastFill plc

("FFastFill" or the "Group")

FFastFill wins two new Mandates

- FFastFill wins Award for Orbit Risk Pro-

FFastFill plc (LSE: FFA), the leading provider of Software as a Service ("SaaS") to the global derivatives community, is pleased to announce that it continues to see traction with its award-winning Risk Management Product - Orbit Risk Pro.

Following initial sales last year, two customers have contracted Orbit Risk Pro services from FFastFill.One of these is a new customer win for FFastFill and one is an existing customer which is further evidence of the Group's cross-selling success.

The Futures & Options World Awards for Asia 2012

On the back of this, the Group won "Best New Product From A Technology Firm Award" at The Futures & Options World Awards for Asia 2012 held in Singapore on 18 September 2012.

The Futures & Options Award nominations were open to companies working in futures and options in Asia and are viewed as a badge of excellence for the Asian market. These awards showcase top class performance and innovation, and reward achievement and raise standards.

Companies shortlisted in FFastFill's "Best New Product" category comprised technology companies that had launched new products or made enhancements to existing products in the period that solved a problem creatively, opened up new possibilities or changed the way participants approach the market.

FFastFill's Orbit Risk Pro Product

FFastFill is seeing increasing demand from its customers for a secure Risk Management product to manage trading risk effectively, in real-time, especially where traders are executing across multiple platforms. FFastFill's Orbit Risk Pro product tackles these issues offering a comprehensive real-time platform which delivers risk management solutions covering the entire trade lifecycle from order to settlement.

Orbit Risk Pro is unique in its ability to integrate the multitude of trading, clearing and back-office datasets across the firm's in-house and third party technology systems to provide an accurate and detailed view of risk.When employed with the FFastFill Trading Pro screen or the FFastFill application programming interface, these features can be used to block trading, therefore limiting the associated risk.

Commenting on the award, Hamish Purdey, CEO of FFastFill said:

"FFastFill Orbit Risk Pro is ahead of the pack in responding to regulatory change and protecting our customer firms from unnecessary risk and we are delighted to have won an award which endorses our progress in Risk Management. These new customer wins for FFastFill demonstrate that the reputation of our Risk Management offering is growing internationally.

"FFastFill continues to invest in product innovation as well as developing best-of-breed functionality and coverage. Our core value proposition of delivering world-class managed application services drives our product strategy."

For further information please contact:

 
 FFastFill plc                             +44 (0)20 3002 1900 
 Keith Todd CBE, Executive Chairman 
 Hamish Purdey, Chief Executive Officer 
 Mark Carlisle, Chief Financial Officer 
 
 FTI Consulting                            +44 (0)20 7831 3113 
 James Melville-Ross / Matt Dixon / 
  Emma Appleton / Jessica Liebmann 
 
 Canaccord Genuity Limited                 +44 (0)20 7523 8000 
 Simon Bridges / Cameron Duncan 
 
 finnCap                                   +44 (0)20 7220 0500 
 Tom Jenkins / Marc Young 
 

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). Further information on FFastFill is available at www.ffastfill.com. Follow us on Twitter @FFastFill.

This information is provided by RNS

The company news service from the London Stock Exchange

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