22 July 2018
Visit www.gemalto.com

Royalblue and Ffastfill explore tech pact

12 November 2004  |  4069 views  |  0 Royalblue and Ffastfill explore tech pact

Dealing technology vendors Royalblue and Ffastfill are to collaborate on the development of applications for trading in both the cash equities and derivatives markets.

Both companies say they are seeing strong demand for 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".

The closer collaboration follows the appointment by royalblue of Stephen Grob to spearhead the company's push into the derivatives markets. Grob was previously a founder and chief executive of Future Dynamics, the back office futures and options technology firm that was recently acquired by Ffastfill.

Chris Aspinwall, CEO of royalblue says: "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."

Simon Barnby, fidessa business development manager at royalblue rejects suggestions that the agreement is a prelude to a take-over or exchange of equity between the two vendors.

Ffastfill ysterday reported widening first half losses on the acquisition of Future Dynamics and increases in fixed costs.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Ffastfill losses widen

Ffastfill losses widen

11 November 2004  |  3723 views  |  0 comments
Royalblue signs with Factset JCF for global broker consensus data

Royalblue signs with Factset JCF for global broker consensus data

27 October 2004  |  4188 views  |  0 comments

Related company news


Related company information

Fidessa group

Related blogs

Create a blog about this story (membership required)
Visit https://secure.vasco.comVisit http://go.jumio.com/finextraAdVisit info.nice.com

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13576 views comments | 6 tweets | 8 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
11246 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
10114 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
7452 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
7267 views comments | 2 tweets | 7 linkedin

Featured job

Competitive base, double ote, benefits
New York City, NY - USA

Find your next job