The partnership will enable clients of Fidessa LatentZero to access BondVision's premier multi-dealer electronic solution for fixed-income trading, and the liquidity of the MTS bond markets, via an interface in its order and execution management system (OEMS), Minerva.

Clients will be able to 'auction' their business to the best bidder either outright, or by switching with up to five dealers online. The partnership enables joint customers to benefit from streamlined straight through processing for their fixed income trading.

Chris Gregory, Head of Connectivity Services at Fidessa LatentZero said: "In today's current trading conditions, investors are maintaining diverse portfolios to improve margins and hedge their exposure to higher-risk securities. The need for truly multi-asset class trading systems and capabilities has never been greater. Fidessa LatentZero has responded to these client needs by enhancing the fixed income capability of our own systems, and entering into relationships with market-leading partners like BondVision, that offer straight through processing and minimise workflow error. Our association with BondVision is one of a series of partnerships that extend the connectivity offered through our award winning OEMS, Minerva."

Fabrizio Testa, Executive Director at MTS/BondVision commented: "We are proud to partner with LatentZero. As Europe's leading B2C fixed income market, BondVision is committed to providing clients with a capacity to streamline their execution capabilities in order to achieve quicker and accurate straight through processing. This initiative will add considerable value to pre and post-trade activities such as automatic allocation to sub-accounts and record of best execution."