Fidessa and LatentZero Combine Execution Management Platforms

London - 9 August 2007 - Fidessa group plc (LSE:FDSA) today announced the union of its Fidessa and LatentZero Execution Management Service (EMS) solutions into one powerful product. The combined product inherits all the benefits of the Fidessa and LatentZero EMS solutions.

The new Fidessa LatentZero EMS is available as a standalone workstation which can be connected to any buy-side Order Management System (OMS), or fully integrated with Fidessa LatentZero's buy-side OMS, Minerva. The integrated Minerva solution provides the world's first genuine Order and Execution Management Solution (OEMS). Fidessa LatentZero EMS utilises the firm's global connectivity network, providing managed links to world markets through the agency, algorithmic and DMA trading services of around 230 brokers globally.

Richard Jones, CEO of Fidessa LatentZero explains: "The execution capabilities of buy-side trading desks are coming under the microscope. The quest for fund performance, investor demands for greater transparency, and increasing regulatory control - including MiFID's requirements for best execution and client order handling, are changing the buy-side trading landscape. By providing an EMS solution available as a workstation or as an integrated OEMS, we can now provide a service to all tiers of the buy-side from the smallest niche hedge fund to the largest institutional asset manager."

Simon Barnby, Global Director of Marketing Communications at Fidessa group, adds: "This is another demonstration of the power of the Fidessa and LatentZero combination and with this move, our buy-side product offerings are now all being marketed together under the Fidessa LatentZero brand. By bringing Fidessa's global broker connectivity, market data coverage and EMS initiative together with the power of LatentZero's integrated OEMS allows us to offer an unrivalled multi-asset, broker-neutral EMS solution to all tiers of the buy-side."

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