Fidessa group plc (LSE: FDSA) announced today that its equities trading platform has been recognized as the best vendor solution at Wall Street Letter’s annual awards. Designed to showcase excellence among providers to the institutional trading industry, these awards are judged by an independent panel of industry professionals. Fidessa’s platform, taking the award for the second year running, enables clients to trade effectively and efficiently on a global scale.
The award acknowledges the sophisticated functionality that Fidessa has developed to manage increasing market complexity, unrelenting regulatory changes and the demands for greater transparency faced by its clients. As part of that effort, the company recently introduced its Fidessa Intelligence initiative, a suite of real-time, pre-trade and post-trade analytics tools that are fully integrated into Fidessa’s order management system to allow firms to make better informed trading and business decisions and provide a higher level of customer service. As a result, clients experience workflow efficiencies, increased revenues, lower costs and greater profitability.
Justin Llewellyn-Jones, Chief Operating Officer for Fidessa US, said: "We are delighted to receive this award to kick off 2013. We know that we are well-equipped to help brokers succeed against the current challenges of unprecedented margin pressure, increased complexity, rapid globalization and extensive regulatory reform, and it is always gratifying to have our achievements recognized by the industry. Drawing on the underlying strength of our platform, our innovative thinking and close communication with our large community of global clients, we will continue to deliver technology that enables brokers to operate effectively in today’s markets."
In 2012, Fidessa announced a number of significant award wins, including Buy-Side Technology's Best Buy-Side Compliance Product (for the fifth consecutive year) and FOW's Futures Commission Merchants’ Independent Software Vendor of the Year, as well as significant client wins and expansion into new regions to support its customer base and global community.