EasyScreen and Ffastfill launch ASPs

08 Dec 2003

Two UK software vendors, EasyScreen and Ffastfill, are rolling out new application service provider (ASP) products this week, in what looks like a growing trend towards that model.

EasyScreen is launching EasyXchange, a Chicago-based equivalent to it's London data centre,...

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“A lot of banks have spent a lot of money calculating the cheapest way to collateralise their positions, and they’ve hired some very bright mathematicians to do it. Why would they gamble all of that by using the cheapest clearing house?”

Senior rates players believe fears of a race to the bottom among clearing houses has been overstated.