Fidessa group plc (LSE: FDSA) today announced that it has been named Best Front-Office Execution Platform in the 2017 Waters Sell-side Technology Awards, the third consecutive win for Fidessa in this category.
Recent years have seen the operating landscape change dramatically for market participants as a result of regulation, competitive pressures and increasing globalisation. In order to remain relevant in today's complex marketplace, brokers need to reflect these changes in the execution services they offer, whilst at the same time reducing costs and improving efficiency.
Fidessa's fully-hosted, high performance, global platform is aimed at brokers of all sizes and connects to over 220 markets across five asset classes. It combines exceptions-based workflow with a range of smart visualisation tools that facilitate the highest levels of execution quality and control.
James Blackburn, Global Head of Equities Product Marketing at Fidessa, commented: "We are committed to providing our customers with the technology they need to deliver a wide range of truly exceptional execution services to their clients We are delighted to have won this award again in recognition of the continuing investment we make to achieve this."
Fidessa supports over 900 clients and 23,000 users around the world. The Fidessa network provides connectivity to 5,500 buy-sides and 715 brokers across 221 markets globally. The network carries flow with a value of US$1.7 trillion each month.
This award is the third for Fidessa's sell-side products and services in 2017 and the seventh in the past twelve months.