Royalblue releases Fidessa Workstation 3.0

Source: Royalblue

Royalblue (LSE:RYB), provider of Fidessa, today announced the release of Workstation 3.0, the latest version of its market data and execution management platform, which offers improved front-end functionality including a powerful charting package to support the needs of the most sophisticated users within sell and buy-side institutions.

Launched in 2003, Fidessa's Workstation provides data for European and North American markets and offers advanced trading and execution capabilities. This latest version builds upon the award-winning information displays and now offers charting capabilities which range from Bollinger Bands to Stochastics, MACD, Candlesticks and Bar Charts. AFX news now appears in newspaper-style displays highlighting the top stories of the day and with richer and easier to read content. The greater flexibility available allows users to customise the application to their own preferences – such as choose the screen's background colour - and the service now includes context-specific help pages.

Simon Barnby, head of Fidessa Workstation strategy comments: "Operating in highly competitive trading environments, users have to absorb and analyze information and make decisions in split seconds. With the latest Fidessa Workstation release we are taking the platform’s existing functionality a step further to provide users with the tools they need to make faster and more informed decisions."

Royalblue is committed to R&D and the Woking based development team has been working on Fidessa Workstation version 3.0 for the past six months. The new release will be rolled out remotely and the upgrade, which is available to all users for free, can take effect immediately.

Fidessa has already proved itself as a user friendly product. In January 2005, one of the largest stock-broking companies in the UK, asked each of its users to choose between their existing data workstation and three competing products. Over 90% chose Fidessa Workstation.

Barnby adds: "We are proud that Fidessa Workstation is the product of choice for trading professionals. We listen to the users and constantly develop our platform in response to their needs. With this release we have perfected the data manipulation element to satisfy the most demanding of users."

The Fidessa product suite provides integrated trading, market data and connectivity to around 150 buy-side institutions, 90 brokers and 20 exchanges. Fidessa is used by around 8,000 users at over 150 institutions around the globe.

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