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Fidessa named Best Trading Platform in the European Banking Technology Awards
London, 28th November 2007 - Fidessa group plc (LSE:FDSA), provider of multi-asset trading systems, market data and global connectivity, has won the Readers’ Choice Award for the Best Trading Platform/Order Management Product in the European Banking Technology Awards 2007.
Fidessa’s Trading Platform provides robust and sophisticated multi-asset trading for many of Europe’s brokers, combining smart order flow with fully integrated market data and algorithmic trading services. Trading is provided through Fidessa’s global FIX connectivity network with access to 83 equity and derivatives exchanges, 230 brokers and 1300 buy-side institutions worldwide.
Now in its 8th year, the European Banking Technology awards are designed to reflect excellence across a range of IT activities. This year saw the introduction of the Readers’ Choice Awards, with Banking Technology readers asked to vote for their choice of what they consider to be the best systems in a range of categories.
Presenting the award at the European Banking Technology Awards dinner at the Grosvenor House Hotel in London on 22nd November, David Bannister, Banking Technology’s editor commented: "An important point about these awards is that the winners didn't put themselves forward, and we made no recommendations - we just asked the readers and they chose. Fidessa can be justifiably proud that their clients, and other readers, went out of their way to vote for them, and I congratulate them."
Collecting the award on behalf of Fidessa, Philip Slavin, Head of European Product Strategy, commented: “We are delighted to accept this award and particularly pleased that our winning position in this category was the result of readers’ votes.
We have strengthened our market leading trading platform over the last year or so with the addition of a number of new features: the ability to trade multiple assets on a single low-latency platform; the introduction of our fully integrated algorithmic management system, Bluebox; and the launch of a new suite of products to deliver full MiFID compliance. This award is testament to the success of these initiatives in meeting the increasingly complex trading needs of our users across Europe and globally.”
Fidessa’s trading platform serves over 85% of global, tier-one equity brokers. The Fidessa Group’s product suite provides integrated trading, market data and connectivity solutions to over 16,000 users at around 500 clients around the world.
About Fidessa group
Fidessa group is the leading supplier of multi-asset trading, portfolio analysis, decision support, compliance, market data and connectivity solutions for firms involved in trading the world’s financial markets. Fidessa’s products and services are built on the simple vision of making it easier to buy, sell and own financial assets of all types on a global basis.
Pedigree
A dynamic, growing company with a proven track record, Fidessa is recognised as the thought leader in the marketplace, with an unrivalled set of products and services which set the benchmark for this industry and, uniquely, serve both the buy-side and sell-side communities globally.
Experience
With over 28 years’ experience delivering powerful, resilient, mission-critical systems, Fidessa develops all its products itself from the ground up, investing heavily in their continual evolution. The resulting leading-edge, truly integrated solutions have established Fidessa as the industry’s number one choice, and are used by over 85% of tier-one, global financial institutions.
Scale
Headquartered in London and with regional operations across Europe, North America, Asia, and the Middle East, Fidessa supports 25,000 users across 850 clients, serving a broad spectrum of customers from major investment banks and asset managers through to specialist niche brokers and hedge funds.
Established
Fidessa group is listed on the London Stock Exchange (symbol FDSA) and is a FTSE 250 company. Fidessa has a turnover of around £240m, has delivered 30% compound growth since its 1997 listing and now employs 1,500 people globally.
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