First Derivatives Signs Software License Pact With Algorithmics

13th Jul 2010 07:39

LONDON (Dow Jones)--First Derivatives PLC (FDP.LN), a provider of software and consulting services to the Capital Markets Industry Tuesday announces it has signed a license agreement with Algorithmics Inc. (AGM.YY), for the use of First Derivatives' Delta Reference Data Factory. MAIN FACTS: -Under the terms of the agreement, Algorithmics will license Delta Reference Data Factory as the reference data engine with Algorithmic's risk management systems. -Delta is First Derivatives' powerful and growing suite of capital markets software. -Delta RDF is an open platform for managing reference data with off-the-shelf and configurable feed handlers, data model / transformation engine and distribution / enrichment suite. -Shares closed Monday at 295.0 pence. By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires July 13, 2010 02:39 ET (06:39 GMT)