Stanford moves to Fidessa trading platform

New York, 10th September 2007 - Fidessa Group plc (LSE: FDSA) the leading supplier of trading systems, market data and global connectivity, today announced that Stanford Group Company is live with Fidessa's fully hosted trading platform as an Order Management System (OMS) for their U.S. operations.

Stanford Group Company is a member of the Stanford Financial Group, a global network of financial services companies. Stanford is also using Fidessa BlueBox; Fidessa's Algorithmic Management System (AMS) that is totally integrated within the Fidessa OMS. Fidessa BlueBox enables Stanford traders to use industry acknowledged models such as: VWAP, TWAP, Arrival Price and % of Volume as well as providing a comprehensive framework to design and deploy proprietary algorithms. Stanford is able to quickly deploy its own algorithms and retain client flow while reducing costs and the reliance on external broker algorithms.

According to Kevin Quinn, Managing Director, Institutional Equity Trading for Stanford Group, the move to work with Fidessa enhances the company's ability to provide real-time performance results to clients. "With Fidessa, a simple point and click yields real-time performance yardsticks. Fidessa's product capabilities have provided enhanced functionality and more meaningful results to our clients, and therefore, ultimately, the client is the true beneficiary in our move to work with Fidessa." he said.

The Fidessa trading platform replaces Stanford's incumbent system, SunGard Brass. Stanford was consulted throughout the implementation and rigorous testing was undertaken until the system went live to ensure a seamless transition to the new platform.

Martin Hakker, VP marketing at Fidessa says: "Stanford wanted a scalable solution with enhanced functionality that could ultimately pass benefits back to their clients. We are excited to be providing Stanford with a platform that has exceeded their expectations in both functionality and support and look forward to strengthening our relationship with them as their business grows."

Fidessa BlueBox is part of Fidessa's advanced trading suite which includes List Management, Wave Trading, Pairs Trading and analytics, all of which are built on and integrated with Fidessa's global trading platform.

The Fidessa suite is used by 85% of tier-one, global equity brokers and serves over 16,000 users at around 500 clients globally.

About Stanford Financial Group

Stanford Financial Group is a privately held, wholly owned global network of financial services companies led by Chairman and CEO Sir Allen Stanford and founded by his grandfather, Lodis B. Stanford in 1932.

Stanford's core businesses are private wealth management and investment banking for institutions and emerging growth companies. Stanford provides private and institutional investors with global expertise in asset allocation strategies, investment advisory services, equity research, international private banking and trust administration, commercial banking, investment banking, merchant banking, institutional sales and trading, real estate investment and insurance.

Stanford serves clients from 136 countries on six continents. Securities products and services in the United States are offered through Stanford Group Company, member FINRA/SIPC. More information on the company can be found at

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