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Firm58 Provides Online Billing for CBOE Holdings' C2 Options Exchange

Firm58 will equip the new all-electronic exchange and its participants with online access to trade details and end-to-end billing information.

Firm58, a financial management company, announced its appointment to manage the online billing function for the recently launched C2 Options Exchange (C2) of CBOE Holdings.

Chicago-based Firm58, a Software as a Service (SaaS) provider of middle- and back-office technology solutions, enables C2 and its market participants to access daily trade and billing details at any time via an online client portal, according to a release.

"Firm58's online billing function allows C2 to offer market participants easy access to their invoices and the ability to view and download trade data and associated fees using only a web browser, 24 hours a day," David Reynolds, Chief Accounting Officer of CBOE Holdings said.

"By providing a self-service billing portal, we continue our focus on customer service and transparency and we provide an all-electronic billing solution for our fully electronic exchange."

"Fundamental to the launch of an electronic exchange like C2 is the requirement to provide streamlined billing and deliver a superior online experience," said Sam Mele, Firm58's co-founder and managing director, Firm58. "Our involvement in the launch of C2 allows the exchange to deliver another highly practical level of customer service." Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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