US Launch of Fidessa Execution Management Workstation
New York - SIA Conference, 20 June 2006 - royalblue (LSE:RYB) today announced the US launch of its highly successful and award winning Execution Management Workstation (EMS). The Fidessa EMS workstation provides a global, broker-neutral execution management solution for buy-side trading desks.
Aimed at a broad range of buy-side players, including Hedge Funds, Prop-trading desks, Traditionals, Private Banks and Mutual Funds, Fidessa EMS provides the sophisticated management and routing tools needed to execute through the DMA, Algorithmic and Care order services offered by over 140 brokers on the Fidessa global connectivity network.
Fidessa EMS is offered as a fully managed "ASP" service with no dedicated on-site client infrastructure and with the ability to be integrated into a client's own internal systems - e.g. order/portfolio management systems, back-office systems, etc. Coupled with the ability to receive external client order flow over Fidessa's managed, normalized FIX network, Fidessa EMS delivers the benefits of true straight-through-processing for a client's order and execution flow.
With support for multiple/regional trading desks, list/basket management and wave trading, along with pre/post-trade analytics and real-time intraday positions, Fidessa EMS is a one-stop solution for buy-side execution management needs.
Martin Hakker, EVP Marketing at Fidessa, comments: "With Fidessa EMS we have a proven solution that is already used by a broad range of users throughout Europe and Asia. We can now offer this functionally rich product, with global reach and fully-integrated, comprehensive market data, to the US market. This unique combination of content, features and connectivity clearly differentiates us from the incumbent suppliers in this area."