Fidessa appoints Robert Thompson as President of its North American buy-side business

19 July 2010

COO of Fidessa’s sell-side business brings a wealth of experience to drive strategic development of its buy-side operations

Fidessa group plc (LSE: FDSA), provider of award-winning trading, compliance, market data and connectivity solutions for the buy-side and sell-side globally, today announced that Robert Thompson has been appointed President of its North American buy-side operations, encompassing the LatentZero front office suite.

Mr. Thompson will now act across the Fidessa group in the Americas, where he has been COO of its sell-side operations for the last 14 years. This move is set to consolidate Fidessa’s unique position serving both the buy- and sell-sides of the market while sustaining momentum across the region.

Mr. Thompson commented, “I look forward to bringing my industry expertise to our buy-side business to help drive growth and development in that area, particularly as we continue our investment in the LatentZero product suite. The combination of Fidessa’s buy-side and sell-side operations provides unique benefits to our customers. As we continue to increase the level of integration between the two sides of the business we will seek to enrich the customer experience by adding value, insight and innovation to all of our solutions.”

Fidessa’s global buy-side CEO, Paul Nokes shares Mr. Thompson’s commitment, “Robert brings a wealth of experience from almost 17 years in the Fidessa group covering project management, account management and operations. We believe he is the right person to take our North American buy-side business unit forward from its current position of strength to a new level of maturity.”

Fidessa serves 25,000 users across 850 clients around the world and its technology is used by more than 85 per cent of tier-one financial institutions. Fidessa’s network provides connectivity to 2,400 buy-sides and 530 brokers across 130 markets globally.

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