Fidessa is the best trading system for the sell-side

London, 3rd October 2008 - Fidessa group plc (LSE:FDSA), took top prize at Financial News's sixth annual 'Awards for Excellence in IT'. A panel of independent industry experts assessed all the competing systems on the market and concluded that Fidessa offers the best sell-side trading platform.

The Fidessa OMS provides robust and sophisticated multi-asset trading to 85% of global, tier-one equity brokers, combining smart order management with fully integrated algorithmic trading and market data services. The product suite serves around 22,000 users at 600 clients globally.

Receiving the award, Katy Birch, European Sell-side marketing manager at Fidessa, said: "The award from Financial News underlines the strength of our technology and our leading position in the market. It's an honour to receive this endorsement which comes at an exciting time for Fidessa and the development of our product set."

Birch continued: "The Financial News prize is Fidessa's latest accolade; it is our third win this year and we were delighted to receive eight awards in 2007. But on top of this industry recognition, Fidessa's trading platform has been in high demand with more than 20 new clients signed this year alone. This is testament to our commitment to working closely with clients to develop solutions that meet their specific needs in today's challenging markets."

The awards ceremony took place at Merchant Taylors' Hall in the City of London and was hosted by Luke Jeffs, European Trading & Technology Editor of Financial News. As guest speaker, Benedict Allen, the explorer and filmmaker, provided light relief by regaling guests with his latest exploits.

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