Fidessa group plc has swept the board at the Financial News seventh annual Awards for Excellence in IT Trading and Technology by winning the two pre-eminent awards for trading systems. The groups Fidessa platform won Best Trading System for the Sell-side, whilst its Fidessa LatentZero suite won Best Trading System for the Buy-Side. A distinguished panel of judges deemed Fidessa groups products to have demonstrated the most success in terms of technology development and investment over the past year.
Fidessas sell-side platform provides robust and sophisticated multi-asset trading solutions to around 85 per cent of global, tier-one brokers, combining smart order management with fully integrated algorithmic trading and market data services. Incorporating intelligent liquidity access tools designed to help guide traders through the fast-fragmenting liquidity landscape in Europe, Fidessas sophisticated functionality and flexible delivery models make it the perfect technology partner for the sell-side.
The Fidessa LatentZero suite for the buy-side is the only scalable solution available to offer comprehensive functionality for equities, fixed income, listed and OTC derivatives, money markets and FX. Designed to give buy-side traders the same levels of capability and throughput as their counterparts on the sell-side, Fidessa LatentZero is now used by nine of the worlds ten largest asset management firms, with 75 new customers signing in the past 12 months.
The Fidessa group is in a unique position: by spanning the buy-side and the sell-side, as well as all the connectivity in-between, we cover the whole trading workflow cycle, says Simon Barnby, global director of marketing communications at Fidessa. We are very proud to receive these awards from Financial News which demonstrate just how comprehensive and recognised our solutions have now become. It has been a big year for the group, with continued global expansion into the Middle East, Russia and Latin America, and these awards underline both our leading position in the marketplace and the constant innovation of our technology. We aim to build on these successes and continue to meet the needs of our clients in todays challenging markets.
The Financial News Awards for Excellence in IT Trading & Technology, Europe 2009, took place on 22nd September at Plaisterers Hall in the City of London.
D.C.