royalblue (LSE:RYB), provider of Fidessa, today announced the Asian launch of its award-winning Execution Management Workstation (EMS). Fidessa EMS provides a global, broker-neutral, multi-asset execution platform for buy-side trading desks.
Simon Barnby, global marketing communications director at Fidessa, comments: "Fidessa EMS is a proven product with a great track record already supporting a wide range of users in the US and Europe. As part of our continued commitment to our global client base we are delighted to launch this functionally-rich product, with global reach and integrated market data, to the Asian market. This unique combination of content, features and connectivity clearly differentiates us from the incumbent suppliers in this region."
Launched in Europe in 2005, Fidessa EMS has seen terrific take up in both Europe and US and already boasts over 70 buy-side clients. The product addresses the needs of a broad range of buy-side players, including hedge funds, prop-trading desks, traditionals, private banks and mutual funds. It provides the sophisticated management and routing tools needed to access the DMA, algorithmic and care order execution services offered by over 170 brokers on the Fidessa global connectivity network.
Fidessa EMS delivers all the benefits of true straight-through-processing for order and execution flow. Available as a hosted service, it integrates seamlessly with a client's portfolio management system, back office, etc, and can receive external client order flow over Fidessa's managed, normalised FIX network. It supports multiple/regional trading desks, list/basket management and wave trading, along with pre/post-trade analytics and real-time intraday positions. Fidessa continually invests in its EMS offering, most recently adding multi-asset functionality.
The Fidessa product suite provides integrated trading, market data and connectivity solutions to over 9,300 users at over 260 institutions worldwide. Fidessa's connectivity network provides links to over 750 buy-side institutions, 170 brokers and 70 exchanges globally.