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 LatentZeroâs buy-side OMS, Minerva. The integrated Minerva solution provides the worldâs first genuine Order and Execution Management Solution (OEMS). Fidessa LatentZero EMS utilises the firmâs 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: âThe 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 â including MiFIDâs 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.â
Simon Barnby, Global Director of Marketing Communications at Fidessa group, adds: âThis 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 Fidessaâs global broker connectivity, market data coverage and EMS initiative together with the power of LatentZeroâs integrated OEMS allows us to offer an unrivalled multi-asset, broker-neutral EMS solution to all tiers of the buy-side.â