Rolfe & Nolan Systems Inc. announced the signing of Chicago-based Linn Group for RANorder, Rolfe & Nolan’s automated order entry and management system.  RANorder’s ASP model enables Linn to outsource its hardware, network connectivity, application processing and exchange connectivity requirements to Rolfe & Nolan.

“We selected Rolfe & Nolan because of the cost efficiencies to be had through their ASP model. We also liked the 24x7 support that gives us the ability to offer an out-of-hours order desk, unavailable with our current vendor,” said Gordon Linn, President of Linn Group. “Beyond these factors, Rolfe & Nolan’s long-standing reputation in the industry and their ability to offer risk management functionality were integral to our decision.  Things have certainly started on a positive note, as Rolfe & Nolan had our firm up and trading within two weeks of the completion of our contract. .”

"The Linn Group RANorder win joins other recent RANorder competitive wins and further demonstrates the industry's confidence in Rolfe & Nolan as a best-of-breed vendor," said Bill Herder, senior vice president of order routing technology at Rolfe & Nolan. "This is proof of the strength of the RANorder product suite and of the value that our Application Service Provider model delivers to firms active in electronic trading."

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