Fidessa’s global fragmentation tools named Most Innovative Data Intelligence Product by Financial Sector Technology

London, 21 April 2011 – Fidessa group plc (LSE: FDSA), provider of high-performance trading, investment management and information solutions for the world's financial community, has won the Most Innovative Data Intelligence Product category at the 2011 Financial Sector Technology awards. The accolade was granted for Fidessa’s global fragmentation analysis tools, the Fidessa Fragmentation Index (FFI) and the Fragulator®.

Available at fragmentation.fidessa.com, the winning products were first launched by Fidessa with European market coverage, providing an unbiased view of the true state of liquidity fragmentation across Europe in the post-MiFID environment. In September 2010, Fidessa expanded coverage of these tools to provide a complete picture of the breakdown of trading patterns for equities and indices across Europe, the USA, Canada, Japan and Asia.

The FFI and Fragulator now provide analysis across more than 150 different international trading destinations including lit venues, dark pools, OTC trades and systematic internalisers. Users can query several billion trade records in a matter of seconds to analyse liquidity fragmentation across the globe.

Simon Barnby, group marketing director at Fidessa, said: "The creation of a set of global fragmentation analysis tools represents a major technological success. This would not have been possible without the considerable investment we have made in our market data offering which leverages our global ticker plant technology. It's very gratifying to have been recognised by the Financial Sector Technology awards."

Held in London on the 31st March, the awards recognise excellence in the field of information technology in financial services and are designed to emphasise the importance of proven technology as a key business driver. The award in the Most Innovative Data Intelligence category is designed to recognise firms that have responded to market pressures with originality and creativity to deliver superior products or service offerings in the field of data.

Fidessa’s fragmentation tools are used throughout the industry, and on a global scale, and now include the newly launched Tradalyzer™, which allows market participants to aanalyse their trades against the consolidated view of the market.

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