company name | Fidessa Group plc |
---|---|
company logo | |
type | Public () |
foundation | 1981 |
location | London, UK |
key people | John Hamer (Chairman of the board)Chris Aspinwall (CEO) |
industry | Software |
products | Trading systems, market data |
revenue | £262.3 million (2010) |
operating income | £37.3 million (2010) |
net income | £27.8 million (2010) |
num employees | 1,500 (2009) |
homepage | www.fidessa.com }} |
Fidessa Group plc is a British-headquartered company which provides software and services such as trading systems to clients in the financial services sector. The firm also provides market data and related services to buy side and sell side financial services customers.
The company is headquartered in Woking with offices in London, New York, Boston, Tokyo, Hong Kong, Paris, Toronto, San Francisco, Belfast, Singapore, and Bahrain. It is listed on the London Stock Exchange and is a member of the FTSE 250 Index.
With the group's core trading platform, Fidessa, being better known in the market place, the Royalblue Group plc changed its name to Fidessa Group plc following shareholder approval at the AGM held in April 2007. The change of name took effect on 1 May 2007.
In April 2007 the company also bought out the privately owned buy side trading provider LatentZero. This was then rebranded as Fidessa LatentZero.
In November 2008, Fidessa launched its Fidessa Fragmentation Index (FFI). This helps to show how fragmented stocks are across exchanges following the MiFID European landscape. Since its inception it has highlighted as one of the most interesting technical developments in the financial sector in 2008 by Finextra. The FFI project was extended in November 2009 with the launch of the award winning Fragulator. In April 2011 Fidessa launched the Tradalyzer TM that provides detailed trading analysis.
A sell-side suite used by 85% of the tier one global equity brokers. It provides trading, market data, order management and execution capabilities.
Fidessa LatentZero
A buy-side Order Management System (OMS) suite used by 8 out of 10 of the largest global asset managers. It provides trading, order management, portfolio modelling and execution capabilities.
FIX Network
In addition to a trading platform, Fidessa host a broker neutral FIX-enabled execution network. This has a large number of brokers connected to it and is similar to other inhouse FIX networks, such as the LSE Hub, the SunGard Transaction Network (STN) and Thomson Reuters subsidiary TradeWeb's Autex Trade Route.
HFT Platform
Because of a radical overhaul to the matching engine at the Tokyo Stock Exchange. A boom in High frequency trading in Asia has begun. Fidessa has developed an Ultra Low Latency Direct Market Access platform. (ULLDMA). Based upon the Asian focused JMIS Line handlers, Fidessa's HFT platform includes Pre-trade risk checks, integration with Algo engines and other rich functionality purposely designed to help Brokers and High Frequency traders. Even though the system includes rich functionality, performance through the Gateway, like all HFT systems, is measured at the Microsecond Level.
Category:Companies established in 1981 Category:Software companies of the United Kingdom Category:Financial services companies of the United Kingdom
de:FidessaThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
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