First Derivatives PLC Opening of Singapore Office
February 06 2014 - 2:01AM
RNS Non-Regulatory
TIDMFDP
First Derivatives PLC
06 February 2014
First Derivatives plc
("First Derivatives" or "the Company")
First Derivatives consolidates Asian expansion with opening of
Singapore office
First Derivatives (AIM: FDP.L, ESM:FDP.I), a leading provider of
software and consulting services to global investment banks,
brokers, hedge funds and exchanges, today announced the opening of
their new Singapore office.
The new Asian office consolidates First Derivatives' offering of
products and services in liquidity and data management for Asia,
said country head Martin Haines.
"We help our clients fulfill regulatory obligations for
on-exchange and OTC trading, as well as addressing the 'big data'
challenges facing capital markets participants," he said. "Our new
team here in Singapore complements the existing office in Sydney
and rounds out our capabilities in Asia as demand from new and
existing clients continues to grow."
First Derivatives has a number of broker and regulatory clients
in Singapore and across the region, and the new office will benefit
these clients from a support perspective as well as driving new
business development for Asia ex-Australia.
Mr. Haines joined FD this year from Reuters where he held both
Asian and global head of sales roles. "Initially I'll be looking to
build on the relationships we already have in the region, while
building out the local team," he said. "FD continues to post solid
growth, particularly here in Asia, and there is a lot of
opportunity for us which I'm very much looking forward to
capitalising on."
First Derivatives provides a range of products and consulting
services to the capital markets industry, developing and
implementing critical data and trading systems through front,
middle and back office. The company has deep expertise in the use
of high performance technologies to capture, store and process
extremely large volumes of data at low latency rates.
First Derivatives' product suite enables banks, brokers and
securities firms to devise, test and execute profitable algorithmic
trading strategies and allows regulators, exchanges and compliance
departments to detect irregularities or prohibited trading activity
in markets under their watch. Its high-speed market data platform,
'Delta', provides financial institutions with a robust, proven and
strategic platform for all their big data programs.
Aligned to its products are its consulting services for trading
and capital markets, which include third-party solutions with
practices dedicated to the implementation, upgrade and support of
murex, calypso, other leading software products, market data
services and enterprise-data management. All services are provided
by teams of highly-skilled consultants trained through FD's
internal Capital Markets Training Program, whose experience and
training provide a combination of technical expertise and domain
knowledge. FD offers a collaborative approach utilising hosted,
on-premises and near shore delivery of its solutions and
services.
Enquiries:
First Derivatives plc +44(0)28 3025 2242
Brian Conlon, Chief Executive www.firstderivatives.com
Officer
Graham Ferguson, Finance Director
Charles Stanley Securities +44 (0)20 7149 6000
(Nominated Adviser& Broker)
Russell Cook
Carl Holmes
GoodbodyCorporate Finance +353 1 667 0420
(ESM Adviser)
Finbarr Griffin
Goodbody Stockbrokers
Linda Hickey
Walbrook PR +44 (0)20 7933 8780
Financial PR
Bob Huxford bob.huxford@walbrookpr.com
Helen Cresswell helen.cresswell@walbrookpr.com
About First Derivatives
First Derivatives is a global provider of software and
consulting services to the financial services industry. With almost
17 years' experience working with leading financial institutions,
it continues to deliver technologically advanced products and
services that anticipate and respond to the evolving needs of
global capital markets.
First Derivatives currently employs over 850 people worldwide
and counts many of the world's top investment banks, brokers and
hedge funds as its customers. It has operations in London, New
York, Stockholm, Shanghai, Singapore, Toronto, Sydney, Dublin,
Newry and Hong Kong.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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