Fidessa group (LSE: FDSA), provider of award-winning trading, compliance, market data and connectivity solutions for the buy-side and sell-side globally, has announced the successful go-live of an upgrade of its front office LatentZero suite at Aviva Investors.
Aviva Investors has rolled out an updated version of all three components of LatentZero: Tesseract for portfolio analysis and order generation, Minerva for order management, trading and post-trade processing, and Sentinel for and pre- and post-trade investment compliance.
Ian Firth, Head of Centralised Dealing at Aviva Investors explains: "Fidessa's LatentZero suite of products has been fundamental to our front office operations for equities and fixed income since we first began using it in 2005. Although primarily a technical upgrade, it also gives us new and improved functionality across all three components.
Firth continues: "In a company like Aviva Investors where we're thinking in terms of fairly long-term investments, it's important that our fund managers have access to the most up-to-date data and can see the status of their orders at all times. The upgrade has improved real-time reporting functionality, and that, coupled with enhancements to the user interface, has made it popular with the end users."
Ian Cox, Director, Buy-side Client Services at Fidessa adds: "Aviva Investors has been a significant client for many years, and it is pleasing to complete an upgrade of this scale in such a smooth and collaborative fashion. The project has successfully delivered real business value and allows Aviva Investors to benefit from the ongoing investment we continue to make in the product suite. We very much look forward to continuing our successful partnership."