FFastFill is pleased to announce that its middle office matching and allocation suite, Seals, is to be deployed throughout ABN Amro Clearing's global middle office operations in Asia, Europe and the US.
FFastFill's SEALS delivers global exchange and markets connectivity and a flexible processing capability into highly automated back office systems, allowing simplified management of exchange and exception trades. SEALS also adapts flexibly to customers' internal systems, other third party systems and to customer back office systems. SEALS has connectivity to all major derivatives clearing houses worldwide.
Hamish Purdey, Chief Executive, said "This is a very pleasing and significant contract win for FFastFill. FFastFill had already been established as a middle office service provider to ABN Amro Clearing Europe, but to win the global mandate after a long competitive process at ABN Amro Clearing - one of the most respected names in clearing and post trade for a wide range of derivatives industry clients - is extremely satisfying."