Insinger de Beaufort to roll out Fidessa multi-asset trading platform
10 July 2006 | 4297 views | 0
UK dealing systems vendor royalblue has signed Anglo-Dutch banking group Insinger de Beaufort to its recently launched multi-asset trading platform.
The vendor said in June it had extended its Fidessa equities trading system to include support for exchange-traded derivatives. The system now provides connectivity to Euronext.liffe, Eurex, Cbot and CME.
Insinger de Beaufort is the first client to sign for the new platform, which will be rolled out to 60 users at its London office.
Royalblue says the bank required a system that could operate across the different offices and provide one combined platform for its cash equities and derivatives business lines.
Martin Burton, director at Insinger de Beaufort, says: "With Fidessa's multi-asset platform we will be able to replace a number of existing disparate systems, and so streamline and integrate our different activities to capitalise on trading opportunities and provide a better service to our clients."
Insinger de Beaufort will also be rolling out Fidessa's multi-asset Workstation solution to its own clients as part of the deal. This will allow their buy-side clients to electronically route multi-asset order flow directly through to Insinger de Beaufort.