Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

FFastFill Partners With MarginClick

Date 28/06/2004

FFastFill, the leading provider of Application Services to the electronic trading community has recently partnered with MarginClick to enhance its total risk management offering.

Steve Tucker, Sales Director at FFastFill comments, “As our client list grows, there is a growing demand to enhance our total range of services by integrating further advanced elements of risk management into our managed service offering. MarginClick covers all of the major global futures exchanges, and the ability to calculate SPAN and other risk-based algorithms quickly and accurately against the FFastFill database is a great advantage to our users”

‘We are delighted to be working with FFastFill to develop FFastMargin,’ says Patrick Thornton-Smith, CEO of MarginClick Ltd. ‘Increasingly we see the need for risk based margining, not just as a stand alone service, but as a ‘chip’ within ISV and Risk Management applications. The decision by FFastFill to implement this proves the way the market is moving, especially in light of the imminent intra-day margin rules being applied by LCH Clearnet and capital based risk management.’

“As software and service providers such as FFastFill grow their client base, the need for their users to have a deeper view of their risk, not just size and position limits, increases. We are delighted that FFastFill have chosen MarginClick and this combination now creates a further step towards comprehensive post-trade risk management”, says Thornton-Smith.