Rolfe & Nolan announces Risc and e-Route
agreements for Mitsui, Larson, Cresswell and Clifden
CHICAGO, January 30th - Rolfe & Nolan started the New Year on an
upbeat note, announcing service bureau agreements for Mitsui & Co.
Investment Products Corp. (hereafter "Mitsui"), Cresswell Capital, Clifden
Futures, and The Cliff Larson Company. Rolfe & Nolan will be supplying its
back-office processing system RISC, as well as e-Route, its Internet / Intranet
data formatting and delivery system.
The agreements were implemented under an STP ASP (Application Service
Provider) model, allowing these firms to outsource hardware, network
connectivity, application processing and exchange connectivity requirements to
Rolfe & Nolan.
"We needed a reliable back-office system from a quality vendor," said Atsushi
Katayama, president of Mitsui. "RISC is widely regarded as a dependable product,
and Rolfe & Nolan has both significant experience and a positive industry
reputation."
"My company selected the Rolfe & Nolan ASP-based offering because it
required minimal infrastructure build-up on our end," said Cliff Larson Jr.,
chief executive officer of The Cliff Larson Company. "We won`t need a large
infusion of hardware or staff. For small companies such as ours, this type of
solution provides critical advantages that help us to minimize cost and maintain
our competitive edge."
"We wanted a highly-functional STP solution that could grow with our
expanding needs," said Hilary Bergman, president of Clifden Futures. "The
availability of Rolfe & Nolan`s integrated products influenced our decision
to choose their offering."
Cresswell, Clifden and Mitsui contracted for products beyond RISC and
e-Route. Cresswell and Clifden also contracted for RANweb, a scalable web
infrastructure that hosts Rolfe & Nolan web-enabled applications. Mitsui
also took RANmargin, Rolfe & Nolan`s world-class margin calculator, and RISC
FX, a comprehensive foreign exchange trading module.
"Numerous signings in a tough commercial environment certainly validate the
Rolfe & Nolan strategy," said Bob Sylverne, chief executive officer of Rolfe
& Nolan Inc. "Furthermore, multiple products were contracted in all of the
agreements. This is a strong indication that firms are seeing the value in Rolfe
& Nolan`s complete ASP solution."