âExtending our use of Fidessa's Buy-side Workstation was a natural evolution", said Dan Sinclair, OEIC Operations Manager at Octopus Investments. âWe needed a solution that would give us a high level of control, allowing us to route our ETF orders to brokers quickly and efficiently, and the Workstation provides that. The ease of integration with our internal systems also complements our robust operational requirements."
Fidessaâs Buy-side Workstation is a broker-neutral, low-latency trading workstation with powerful trading functionality that gives greater control of the execution process and provides instant access to cross-asset DMA tools, algorithms and program trading. Delivered as a Software as a Service (SaaS) solution, the Buy-side Workstation is supplied with market data and trading integration via the Fidessa network. The network provides low-latency FIX connectivity between 2,700 buy-sides and 650 brokers across 160 global markets.
Russell Thornton, Global Head of Buy-side Workstation Solutions at Fidessa, added: âWe know that robustness, interoperability and responsiveness are crucial for clients. We continue to exceed expectations in these core areas and this is validated by Octopusâs decision to extend their use of our Buy-side Workstation for ETF trading. The operational efficiency and risk reduction benefits afforded by the Workstation will translate across Octopus's business, and resonates perfectly with the firmâs stated mission to have greater control over their systems and trade processes.â