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FFastfill Teams with Equinix for Derivatives Trading Applications

16:24:05 - 04 November 2004

Equinix, Inc. (www.equinix.com), a provider of network-neutral data centers and Internet exchange services, and FFastFill plc, the leading provider of application services to the global derivatives community, today announced that FFastFill will move the company's U.S. IT operations to Equinix's Chicago Internet Business Exchange™ (IBX®) center.

Headquartered in London, FFastFill's services for the global derivatives market utilize the latest developments in technology to automate trade flow processes across a firm's front, middle and back offices.

FFastFill announced last month that it was launching its new managed application services offering in the United States, in part based on a resilient new infrastructure in Chicago.

"As banks and financial trading companies are increasingly migrating from floor trading operations to electronic trading platforms, they require an infrastructure that enables them to conveniently, reliably and cost-effectively interconnect with their strategic partners," said Margie Backaus, chief business officer of Equinix.

This local connection between FFastFill's network and the networks of strategic partners will enable FFastFill to reduce the costs of reaching these partners in disparate locations and over great distances.

Equinix's Chicago hub, which is recognized as a leading connectivity point for the financial trading industry, provides a redundant and secure infrastructure for FFastFill to base its IT operations.

"Equinix's Chicago hub is well known as the 'go-to' location for the IT operations of financial trading and clearing companies," said Mark Bohannon, Senior Vice President of FFastFill Inc., the company's U.S. operation.

Based in London, FFastFill is a provider of application services to the global derivatives community. FFastFill services and solutions utilize the latest developments in technology to automate trade flow processes across a firm's front, middle and back offices.

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