Durlacher sign with royalblue for market data
London, 19th April 2004 - Durlacher have chosen royalblue, the market leading provider of global equity trading software and market-data systems, as supplier of market-data workstations for their Corporate Finance, Sales and Trading teams.
Durlacher will use royalblue's Fidessa Workstation product to replace a number of existing ProQuote and Reuters services.
The Fidessa Workstation is targeted at users of equity market information and provides real-time coverage of Level 1 and Level 2 Exchange data along with related News, Company Fundamentals, Historical Data and supporting information such as World Indices, Money Market Rates and Commodity and Fixed Interest prices. Transactional links are also available for users that require a flexible, highly functional and robust solution for electronic trading.
Commenting on the deal, Dominic Grise of Durlacher said, "We were looking for a cost-effective, reliable workstation product that was intuitive to use and easy to install and support. Royalblue's Fidessa Workstation satisfied all this and was the users' preferred choice."
Simon Barnby, royalblue's Business Development Manager, said "Winning a client like Durlacher is a direct result of how we have set the new standard for workstation products in 2003. This year will really see us pull away from the pack as the product evolves further in terms of functionality and content."
Built on the tried and tested Fidessa trading system architecture, for which royalblue has global recognition, the Workstation benefits from the support and infrastructure associated with a proven supplier to global tier-one players.
The ability to leverage this existing technology and infrastructure allows royalblue to provide unparalleled levels of resilience, reliability and support along with rapid product evolution - all at a highly competitive price.