Hoodless Brennan replaces KTS' QuoteTerminal with Fidessa

Hoodless Brennan replaces KTS' QuoteTerminal with Fidessa

Hoodless Brennan & Partners, a UK stockbroker specialising in the AIM and smaller company market, has installed royalblue's market data and trading platform, Fidessa, at its operations in London and Bristol.

The workstation has been rolled out to 60 users at Hoodless Brennan's offices in London and Bristol, displacing Knowledge Technology Solution's QuoteTerminal product.

The system will provide staff at the firm's corporate finance and retail divisions with UK equities market data. The Fidessa workstation delivers integrated real-time market data, research, historical charts and fundamental data.

Nigel Smith, CEO, Hoodless Brennan, says: "Following an evaluation of the different market offerings over a four month period with our users completing trials of competing products from Fidessa, Proquote and Thompson, Hoodless Brennan has decided to migrate to the Fidessa Workstation to take advantage of its sophisticated and flexible functionality, together with its speed of data retrieval and reliability."

Royalblue says its Fidessa system can help firms reduce market data costs by up to 50%. The workstation has a flexible pricing model that enables companies to only pay for data used, rather than incur a flat charge for feeds that may not be required.

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