German bank Hauck & Aufhäuser Privatbankiers has licensed Role and Nolans' hosted futures and options processing service for use at its Luxembourg subsidiary.
The ASP system includes task automation and reconciliation features and will be used to support the bank's expanding processing requirements, particularly for future hedge funds projects.
Bob Freeman, Rolfe & Nolan chief executive, comments: "ASP delivery offers flexibility and comprehensive functionality, in a versatile delivery style suitable to the customer's business needs."