Fidessa: Difference between revisions
Original name was IDS, registered office is in Woking as are the directors. AUM not really applicable to sell-side, so removed reference. |
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The '''Fidessa''' group is a world-leading supplier of multi-asset trading, portfolio analysis, decision support, investment compliance, market data and global connectivity solutions for both the [[buy side]] and [[sell side]] globally. |
The '''Fidessa''' group is a world-leading supplier of multi-asset trading, portfolio analysis, decision support, investment compliance, market data and global connectivity solutions for both the [[buy side]] and [[sell side]] globally. |
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Its head quarters are in |
Its head quarters are in Woking (Surrey, UK) with offices in London, New York, Boston, Tokyo, Hong Kong, Paris, Toronto and San Francisco. The LatentZero part based in the West End of London. The Fidessa group has around 22,000 users across 520 clients globally. The group was founded in 1981, has revenues of $270m (£135m 2007 Annual report), employs over 1,100 people and has been fully listed on the London Stock Exchange (LSE:FDSA) since [[1997]]. |
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== Clients == |
== Clients == |
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Fidessa's client tend to be mid to large size financial institutions, of size 100 to 1,000 |
Fidessa's client tend to be mid to large size financial institutions, of size 100 to 1,000. |
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== History == |
== History == |
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Originally founded in 1981 as |
Originally founded in 1981 as IDS, the group was later renamed Royalblue group plc. With the group's core trading platform, Fidessa, being better known in the market place, the royalblue group plc changed its name to Fidessa group plc following shareholder approval at the AGM held in April 2007.<ref>http://www.reuters.com/article/mergersNews/idUSL1241091420070212</ref> The change of name took effect on 1 May 2007. |
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In March 2007 the company also bought out the privately owned [[buy side]] trading provider LatentZero. This was then rebranded as Fidessa LatentZero.<ref>http://www.bobsguide.com/guide/news/2008/Mar/11/FIDESSA_LATENTZERO_MINERVA_OEMS_PROVIDES_ACCESS_TO_FX_CONNECT.html</ref>. |
In March 2007 the company also bought out the privately owned [[buy side]] trading provider LatentZero. This was then rebranded as Fidessa LatentZero.<ref>http://www.bobsguide.com/guide/news/2008/Mar/11/FIDESSA_LATENTZERO_MINERVA_OEMS_PROVIDES_ACCESS_TO_FX_CONNECT.html</ref>. |
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Revision as of 13:51, 16 May 2008
 | This article contains content that is written like an advertisement. (May 2008) |
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| Company type | public |
|---|---|
| Industry | Software |
| Founded | 1981 |
| Headquarters |  London, UK |
Key people | Chris Aspinwall CEO, John Hamer Chairman & Richard Jones CEO Fidessa LatentZero |
| Products | Financial Software Systems |
| Revenue |  £135.0 million (2007) |
| £16.6 Million (2007) | |
Number of employees | 1,100 |
| Website | www.fidessa.com www.latemtzero.com |
The Fidessa group is a world-leading supplier of multi-asset trading, portfolio analysis, decision support, investment compliance, market data and global connectivity solutions for both the buy side and sell side globally.
Its head quarters are in Woking (Surrey, UK) with offices in London, New York, Boston, Tokyo, Hong Kong, Paris, Toronto and San Francisco. The LatentZero part based in the West End of London. The Fidessa group has around 22,000 users across 520 clients globally. The group was founded in 1981, has revenues of $270m (£135m 2007 Annual report), employs over 1,100 people and has been fully listed on the London Stock Exchange (LSE:FDSA) since 1997.
Clients
Fidessa's client tend to be mid to large size financial institutions, of size 100 to 1,000.
History
Originally founded in 1981 as IDS, the group was later renamed Royalblue group plc. With the group's core trading platform, Fidessa, being better known in the market place, the royalblue group plc changed its name to Fidessa group plc following shareholder approval at the AGM held in April 2007.[1] The change of name took effect on 1 May 2007.
In March 2007 the company also bought out the privately owned buy side trading provider LatentZero. This was then rebranded as Fidessa LatentZero.[2].
Fidessa has been listed on the London Stock Exchange (ticker symbol LSE:FDSA) since 1997 and in 2007 achieved revenues of GBP 135.0m across both the Fidessa and LatentZero part of the business.
Acquisitons
- 2007 - LatentZero (LZ), UK
Competition
Fidessa's main competitors are DST Systems Inc., Charles River Development, Sungard, SimCorp, Linedata Services amongst others.
Products
Fidessa
A sell-side suite used by 85% of the tier one global equity brokers. It provides trading, market data, order management and execution capabilities.
Fidessa LatentZero
A buy-side Order Management System (OMS) suite used by 8 out of 10 of the global asset managers. It provides trading, order management, portfolio modelling and execution capabilities.
In addition to a trading platform, Fidessa host a broker neutral FIX-enabled execution network. This has a large number of brokers connected to it and is similar to other inhouse FIX networks, such as the LSE Hub.
Sitting on top of this, it is able to support a number of algorithmic trading platforms.