Franck Chatillon, FINâAMS CEO explains: âWithin the scope of our multi-asset class dealing activity, we wanted and needed to implement a single platform that enabled us to collect and manage any type of orders (retail or institutional flows), from any source, (interface to 10 portfolio systems), and across every asset class (equities, fixed income, forex, derivatives). Furthermore, it was vital for us to be connected to all of our brokers, counterparties and major liquidity venues for real-time electronic trading via FIX. Following a detailed evaluation process of a number of leading vendors, we decided to go with Minerva OEMS, fully integrated with the managed LatentZero FIX Trading Network. Our customers will benefit from this new infrastructure; while they concentrate on their core business, FINâAMS will provide them with the best access to liquidity and a large range of execution modes.â
Richard Jones, CEO of Fidessa LatentZero, said: âWe are delighted that BNP PARIBAS FINâAMS, one of the biggest buy-side dealing desks in Europe has chosen Fidessa LatentZeroâs front office platform to run its operations. In an increasingly complex financial world, Fidessa LatentZero is fully dedicated to continuous investment in our products and services across all asset classes. As a result of our long-term commitment, we have become a market leader in continental Europe, and in France in particularâ.
In the coming months, BNP PARIBAS FINâAMS will roll-out the platform for all asset classes, and will deploy Minerva OEMS across its UK, US and Asian sites.
Minerva OEMS provides a complete full asset class order management and trading environment for the buy-side. It includes real-time position keeping and P&L, portfolio analysis and drill down, order management workflows, and pre and post trade investment compliance, and meets the demands of global regulators and directives. Support is provided for equities, fixed income, money markets, foreign exchange and listed and OTC (credit and equity) derivatives.