Ffastfill reports SEB contract

Ffastfill reports SEB contract

Swedish banking group Skandinaviska Enskilda Banken (SEB) has contracted with UK-based Ffastfill for the delivery of a third party trade execution service for customer and internal deployments.

The bank will deploy Trading Technologies software licensed by FfastFill on an ASP-basis.

Steve Martin, futures, SEB, says: "We hope that this substantial deployment of Trading Technologies software to us and our clients will be a first step in the development of a fully integrated offering combining the excellence of the Eclipse clearing platform with front and middleware technologies."

SEB is an existing customer of back office systems vendor Exchange Systems Technology (EST) - which supplies the Eclipse system and was acquired by Ffastfill in June.

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