17th June, 2008
Leading Russian broker OTKRITIE signs on to Fidessa’s global network

London – 17 June 2008 - Fidessa group plc (LSE: FDSA), provider of the Fidessa and Fidessa LatentZero trading, market data and global connectivity solutions, has today announced that leading Russian investment bank OTKRITIE Financial Corporation has joined its global connectivity network.

Moscow-based OTKRITIE, ranked among the top five brokers in the Russian equity market by trading volume, now offers its Direct Market Access (DMA) and Execution Desk Access (EDA) services across Fidessa’s global network which provides access to over 255 brokers, 1500 buy-side institutions and 92 exchanges globally.

Roman Lokhov, Managing Director of OTKRITIE, comments: "We are very excited to be partnering with Fidessa to provide our electronic trading services across one of the most extensive global networks available. Our aim is to provide enriched brokerage services to our institutional clients combining technology-neutral DMA and EDA solutions across international markets. Joining Fidessa’s extensive network enables us to offer our execution capabilities coupled with very strong expertise across the Russian markets to both buy-side and sell-side firms on that network.”

Simon McDowell, Director of Global Connectivity Solutions at Fidessa, adds: “With increasing fragmentation of liquidity we’re seeing a high demand for secure, low-latency access to execution venues across Europe and globally. We continue to invest heavily in developing our global connectivity network and are delighted to welcome OTKRITIE. Their Russian market expertise will be a great addition to the range of services we offer our clients.”

In the last year alone, Fidessa’s global connectivity network has increased the number of connections by 50% while message throughput has grown by over 200% to over 100 million messages a month.

The Fidessa product suite provides integrated trading, market data and connectivity solutions to over 22,000 users at around 520 clients worldwide, and serves over 85% of global, tier-one equity brokers.

About OTKRITIE Financial Corporation
OTKRITIE Financial Corporation is one of the leading investment banks in Russia. OTKRITIE provides brokerage, asset management, investment banking and private equity services for Russian and international, institutional and individual clients.

OTKRITIE ranks currently among the top five brokers on the Russian equity market by trading volume. It provides securities underwriting and brokerage services, as well as executing securities and derivatives trading services on the largest Russian and international exchanges.

OTKRITIE is recognized as an industry leader in promoting electronic trading. The Company has a unique approach that combines pre-trade, order management, trade execution, and post-trade tools to provide continuous improvements in trading and cost efficiency. Our electronic trading platform enables clients to design, test, optimize, monitor and automate their own custom equities, options, futures and forex trading strategies.

Headquartered in Moscow, OTKRITIE was founded in 1995 and employs more than 650 people with additional offices in London, Frankfurt, and Limassol. Global Electronic Trading Services are offered by OTKRITIE’s British subsidiary OTKRITIE Securities Ltd (www.otkritie.com) headquartered on London.

About Fidessa group

Fidessa group is a world-leading supplier of multi-asset trading, portfolio analysis, decision support, investment compliance, market data and global connectivity solutions for both the buy-side and sell-side globally. Available as a simple workstation or as an integrated application suite, the Fidessa and Fidessa LatentZero products are built on the clear vision of providing the richest functionality, coverage and distribution to the financial markets community.

The Fidessa suite is used by 85% of tier-one, global equity brokers providing sophisticated multi-asset trading, market data, order management and execution capabilities to all tiers of the sell-side.

The Fidessa LatentZero suite is used by the world’s largest asset management firms through to smaller specialist managers and hedge funds, and provides comprehensive portfolio analysis, real-time P&L, what-if analysis, investment compliance, order and execution management, and post trade processing tools, across all asset classes, to all tiers of the buy-side.

Fidessa’s global network carries over 130 million messages a month covering DMA, Care and Algorithmic orders, Indications of Interest and FIX Allocations between over 1,800 buy-sides and 310 brokers across 100 markets worldwide.

Head-quartered in London and with offices in New York, Boston, Tokyo, Hong Kong, Paris, Toronto and San Francisco, Fidessa group serves 22,000 users across 600 clients globally. Fidessa group was founded in 1981, has revenues of around US$350m, employs over 1,200 people and has been fully listed (LSE:FDSA) since 1997.

For further information, please contact:

Evelina Amanatidou
Team 660, Metia for Fidessa
+44 (0)20 3100 3592
evelina@metia.com

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