Cornhill Asset Management goes live with Fidessa for equity and derivatives data
London - 15th January 2006 - royalblue (LSE:RYB), provider of Fidessa, today announced that Cornhill Asset Management, the specialist IPO & pre-IPO brokerage firm has gone live with Fidessa Workstation in its London office. Fidessa will supply Cornhill users with real-time UK equity and derivatives market data.
Cornhill Asset Management has replaced all of its current Knowledge Technology Solutions' (KTS) QuoteTerminal positions within its brokerage division with the award-winning Fidessa Workstation.
Graham O'Loughlin, equity sales trader at Cornhill Asset Management comments: "We were keen to find a reliable, resilient platform for our real-time market data needs and wanted a supplier with a proven track record and class-leading support. We chose to migrate to Fidessa Workstation as it met all our requirements: it provides rich functionality, state-of-the-art front end displays and a highly competitive pricing model."
Fidessa Workstation empowers users with fully integrated real-time coverage for equities and derivatives data along with news, charts, company fundamentals and reference data, via a sophisticated yet intuitive user interface.
Fidessa operates a flexible pricing model that enables clients such as Cornhill Asset Management to pay just for the data they use from the source of their choice rather than incurring a flat fee for a raft of data they may not require. With this pricing model, clients of Fidessa Workstation can typically reduce their market data costs by up to 50%.
Simon Barnby, global director of marketing communications at Fidessa, adds: "In the crowded, cut-throat world of market data provision to the UK, we are proud to see yet another company such as Cornhill Asset Management moving to Fidessa. We know we have the best offering in this space and are pleased to have this confirmed once again."
Fidessa serves over 9,300 users at 260 institutions worldwide and is used by over 85% of global, tier-one equity brokers. Fidessa's connectivity network provides links to over 750 buy-side institutions, 170 brokers and 68 exchanges globally.
About Cornhill Asset Management
Cornhill Asset Management is a specialist broker which focuses on bringing quality issues to institutions and the experienced investor.
Clients are offered unique access to private equity, initial public offerings and funds which have the potential to make our investors multiples of their initial investments.
In order to ensure our clients have the best possible chance of success, we utilise a strict screening process. By examining the quality of the management, the valuation of the company and the potential for future growth, we select companies which we believe could be the top performers of 2007.PDF (0.06 MB)