Fidessa named best sell-side trading system at Financial News Awards

Firm takes top spot for fifth year running

London, 4th October 2012 – Fidessa group plc (LSE: FDSA), provider of high-performance trading, investment management and information solutions for the world’s financial community, was named best trading system for the sell-side at the 10th annual Financial News Awards for Excellence in Trading & Technology Europe. This is the fifth consecutive year that Fidessa has been awarded this prestigious title, demonstrating its market-leading position in the provision of trading technology.

Simon Barnby, Group Marketing Director at Fidessa, commented: "The industry continues to feel the effect of recent structural and regulatory changes and this has heightened the demand for smart and sophisticated technology that enables brokers to trade efficiently and intelligently. We are delighted to have been awarded this accolade for the last five years; it’s a real testament to our continued commitment to investment in our people and our technology."

Fidessa’s sell-side trading platform comprises world-class multi-asset order management, advanced trading tools including algorithmic and basket trading, and access to its FIX connectivity network, which is one of the largest of its kind.

"Fidessa’s on-going focus on providing sophisticated and robust technology solutions that meet the needs of our clients, coupled with our strong support services, continues to prove compelling," continued Barnby. "Notably in the futures and options space, we have strengthened our position and the introduction of the Fidessa Intelligence initiative, a suite of real-time, pre- and post-trade analytics services designed to help firms overcome the challenges presented by the current market conditions, has been very well received."

The Financial News Awards for Excellence in Trading & Technology are independent and fee-free. Editors draw on a combination of anecdotal information from analysts, sell-side and buy-side firms, exchanges, clearing houses and industry experts, and empirical data, to draw up the shortlist. This is then voted on by an independent panel of more than 50 judges comprising established industry veterans and experts. The votes are vetted by the editors to prevent conflicts of interest.

The award was presented at a gala dinner event held at the Royal Courts of Justice in London on 3rd October.

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