trillium banner May 2013 version3

27/07/2012

By Scott Thompson

Newedge has selected the Fidessa trading platform and order management system for its derivatives and equity trading business.

The first phase of this project, covering trading hubs in London and Chicago, is now live. Subsequent phases will see the platform rolled out across other hubs in Asia this year. The platform will provide Newedge with a multi-asset trading workflow solution across their front and middle-office operations - incorporating global order management, access to Newedge trading algorithms, FIX connectivity and smart order routing tools. Fidessa will also supply global market data as part of the deal, as well as low-latency gateways to access over 100 derivatives and cash equity markets. Fixed Income will be added to the platform in 2013.

Nicholas Garrow, global head of eSolutions at Newedge, comments: "We are extremely excited to be working with Fidessa to deliver a world class execution platform which will underpin the growth of our equities, futures and options business globally. Fidessa's sophisticated multi-asset workflow offering - including an integrated, multi-asset algorithmic trading engine and centralised pre-trade risk and monitoring tools - will play an integral role to deliver next-generation capabilities to our global clients spanning all asset classes."



Home     More News


Other stories you may find of interest:

News in brief - September 2010
A round-up by FST

News in brief - March 2011
A round-up by FST

News in brief - October 2010
A round-up by FST

logica banner



FStech Whitepapers
Customer engagement: challenges, barriers & benefits for financial services
This intelligence paper reports Aspect's independent research into the customer engagement trends of financial services providers based in the UK, in 2012 and beyond. The findings, which were gathered from senior IT and business decision-makers, questioned their challenges, goals and barriers to adoption of both technology and multi-channel customer engagement.
The business of social business - what works and how it's done
Social business represents a significant transformational opportunity for organisations. Many companies now realise the value of applying social approaches, both internally and externally. Social business can create valued customer experiences, increase workforce productivity and accelerate innovation. But companies can still wrestle with the organisational and cultural challenges posed by these new ways of working.
A new IBM Institute for Business Value study reveals how social approaches can be used to create meaningful business value.
Dragging Banks into the 21st Century – The Future of Banking
This paper looks at how investing in a Multi-Channel Framework is not a choice, but a necessity, if Banks are to safeguard market share, profit & growth in overcoming siloed & pre-existing legacy infrastructure to develop sophisticated online, digital and mobile customer channels.
Are We There Yet? Zero-Wait BI for Everyone
This CITO Research white paper, examines the business benefits of enabling users to perform their own data analysis, without making continual demands on IT.
Mobility Is Exploding: Are You Ready?
Mobile business intelligence replaces static information with real-time information, empowering data-driven decisions on the spot. This paper describes use cases to for bringing not just BI, but business discovery, to the front lines of your business.
Single Customer View in Financial Service
This white paper outlines what a single customer view is and what the UK requirements are, why this represents best practice and how it can be advantageous to the business, and the techniques and technologies that will be most effective in establishing and maintaining such an approach.
Genesys. Sustained Management: Changing the Game with Genesys iWD
The article explains how Genesys intelligent Workload Distribution (iWD) has the power to change the game in the contact center space based on new visibility into tracking, reporting, and performance management

This website is a part of Perspective Publishing Limited, registered in England No 2876166.
By using this website you agree to our COOKIE POLICY.