AltaCorp Capital Inc. goes live with Fidessa’s Canadian trading platform

Fidessa provides ground-up technology infrastructure for company growth

Toronto, May 11, 2011 – Fidessa group plc (LSE: FDSA), provider of high-performance trading, investment management and information solutions for the world’s financial community, today announced that AltaCorp Capital Inc. (AltaCorp), Canada’s newest institutional financial advisory firm, has gone live with its Canadian trading platform on a Software as a Service (SaaS) basis. Operating since January 2011, Calgary-based AltaCorp, which also has offices in Toronto, has selected Fidessa in part to support its growth ambitions.

AltaCorp will benefit from Fidessa's world-class order and execution management and its highly sophisticated smart order routing (SOR) technology to maximize trading opportunities across its chosen markets. In addition, AltaCorp will have access to more than 150 trading venues via Fidessa's global FIX connectivity network, enabling it to provide DMA, care and algo services to clients worldwide.

George Gosbee, president and CEO of AltaCorp, said: “Many of the team at AltaCorp first experienced Fidessa at a previous investment banking firm. We used the Fidessa trading platform across every region we traded in. Based on that experience, and the confidence we had in their products and people, we chose to build out AltaCorp’s trading infrastructure on a Fidessa foundation from the outset. The trading platform is helping us grow AltaCorp into other markets, most notably the U.S., and we felt very strongly that there was no other technology partner that could provide the rich functionality and the room for growth we were looking for in our Canadian operations.”

Martin Hakker, managing director at Fidessa Canada, said: “I am delighted that AltaCorp has chosen Fidessa’s Canadian trading platform as the foundation for its trading operations. Selecting the right trading technology can give firms the critical head start they need to compete and grow in competitive markets. Our scalable system and partnership approach makes us the ideal choice for an ambitious firm, and we are thrilled to be resuming our relationship with George Gosbee and his team.”

Fidessa’s products serve 26,000 users across 950 clients around the world and are used by more than 85 percent of tier-one financial institutions. Fidessa's connectivity network is one of the world's largest and most diverse trading communities, linking 2,400 buy-side institutions and 600 brokers as well as the 150-plus markets across EMEA, Asia Pacific and the Americas. Fidessa recently reached 25 hosted customers across Canada and its operations in the country continue to grow.

About AltaCorp Capital Inc.
AltaCorp Capital Inc. is Canada's newest institutional financial advisory firm. AltaCorp offers a full spectrum of value-added financial and advisory services to corporations in varied stages of development, including Corporate Mergers Equity Financing; Asset Acquisitions Institutional Sales and Institutional Equity Research. AltaCorp is in a strategic relationship with ATB Financial (ATB), a full-service financial institution headquartered in Edmonton, Alberta. ATB is the largest Alberta-based financial institution, with assets over $26.5 billion and 5,000 Associates across the province. AltaCorp focuses on the key drivers of the Western Canadian economy and the overlapping subsectors of Energy, Agri-Industry, and Diversified Industries. Together, AltaCorp and ATB Financial provide clients full service solutions for all their corporate finance and advisory needs. For more information visit

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