Royalblue, provider of Fidessa, has announced that Cornhill Asset Management, the specialist IPO & pre-IPO brokerage firm has gone live with Fidessa Workstation in its London office. Fidessa will supply Cornhill users with real-time UK equity and derivatives market data.
Cornhill Asset Management has replaced all of its current Knowledge Technology Solutions’ (KTS) QuoteTerminal positions within its brokerage division with the award-winning Fidessa Workstation.
“We were keen to find a reliable, resilient platform for our real-time market data needs and wanted a supplier with a proven track record and class-leading support,” says Graham O’Loughlin, equity sales trader, Cornhill Asset Management. “We chose to migrate to Fidessa Workstation as it met all our requirements: It provides rich functionality, state-of-the-art front end displays and a highly competitive pricing model,” he adds.
Fidessa Workstation empowers users with fully integrated real-time coverage for equities and derivatives data along with news, charts, company fundamentals and reference data, via a sophisticated yet intuitive user interface.
Fidessa operates a flexible pricing model that enables clients such as Cornhill Asset Management to pay just for the data they use from the source of their choice rather than incurring a flat fee for a raft of data they may not require. With this pricing model, clients of Fidessa Workstation can typically reduce their market data costs by up to 50%.
“In the crowded, cut-throat world of market data provision to the UK, we are proud to see yet another company such as Cornhill Asset Management moving to Fidessa,” says Simon Barnby, global director of marketing communications, Fidessa.
Fidessa serves over 9,300 users at 260 institutions worldwide and is used by over 85% of global, tier-one equity brokers. Fidessa’s connectivity network provides links to over 750 buy-side institutions, 170 brokers and 68 exchanges globally.