21 February 2018
visit www.ebaday.com

Fidessa partners with RBS for Global F&O trading

10 March 2015  |  1974 views  |  0 Source: Fidessa

Fidessa group plc (LSE: FDSA) has today announced that RBS has selected Fidessa’s futures and options trading platform to enhance its execution capabilities within the global derivatives business.

Both firms will mutually benefit from the wealth of experience and talent they offer in the derivatives space as RBS invests in the technology necessary to continue to provide its clients with a top quality execution service.

Fidessa’s high-performance front and middle-office workflow capabilities and low-latency execution allow operational efficiencies and scalability to support substantial growth. Fidessa provides a proven technology infrastructure, resilient data centres and connections to all the major derivatives markets worldwide. The platform delivers risk management, compliance and reporting capabilities that firms need to meet regulatory demands across the globe.

Brian Halligan, Global Head of Futures Execution and Clearing at RBS, commented: "Growing a derivatives business at a time of considerable competition, regulatory pressure and changing market structure presents some unique challenges. We are dedicated to providing the highest quality of service to our customers and Fidessa’s award-winning platform helps us deliver on that commitment by enhancing the tools we use and offer to our clients. In addition, we are confident that we can realise substantial efficiencies while having a consolidated global view of our activity and risk profiles, which ensures that we can grow and manage our business in the most effective and efficient manner."

Justin Llewellyn-Jones, Global Head of Derivatives at Fidessa, added: "Our focus is on delivering innovative workflow solutions that not only align with the real needs of market participants today, but also deliver continuous reductions in the cost of ownership for our customers. RBS's decision to move their exchange-traded derivatives execution business onto the Fidessa platform is validation of these efforts and we are delighted to be working with them."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Fidessa group

Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comvisit www.swift.com/your-needs/instant-paymentsvisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
10205 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9783 views 10 comments | 23 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8518 views comments | 13 tweets | 12 linkedin
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
7392 views comments | 12 tweets | 5 linkedin
BBVA-backed digital banking startup targets gig economy workersBBVA-backed digital banking startup target...
7226 views comments | 8 tweets | 12 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job