Fidessa LatentZero offers FX Connect access

Source: Fidessa LatentZero

Fidessa LatentZero, one of the world's leading providers of front-office software to the buy-side, has announced that it will now offer access to State Street's FX Connect trading platform from its order and execution management system, Minerva.

Users of Fidessa LatentZero's trading network, LTN, will now have an improved ability to integrate foreign exchange trading into their portfolio execution process.

FX Connect provides real-time, fully interactive foreign exchange trade execution with multiple counterparties, 24 hours a day. It delivers real-time information, and links pre-trade research and strategy information, electronic trading and post-trade clearance, settlement and reporting.

By making its interface available through Minerva OEMS, Fidessa LatentZero has enabled clients to maximize their front-end efficiency, and take advantage of faster, simpler trades than would be possible using manual and semi-automated methods.

Chris Gregory, Head of Connectivity Services at Fidessa LatentZero, said: "We have worked together with best-of-breed providers to enhance the service offerings and functionality of our award-winning order and execution management system. Our relationship with FX Connect, and the inclusion of their interface within Minerva, will enhance our clients' foreign exchange trading operations. With straight-through processing, and automated workflow, they improve accuracy and reduce risk. We now have even greater sources of liquidity, helping to provide best execution across a diverse portfolio."

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