Fidessa, a provider of trading, compliance and connectivity solutions, has hired two new staff as part of its expansion in the Middle East, and plans to set up a regional headquarters in Bahrain.
Fidessa’s sell-side operations in the region will be managed by Edward Manley, who will serve as regional manager for the Middle East and Africa. Manley worked for Reuters Middle East for 12 years before joining Fidessa.
For Fidessa LatentZero on the buy-side, Gary Dingwall will be responsible for new business development in the region. He has lived and worked in the Gulf as regional manager for SWIFT for over a decade.
“The Middle East presents an important new marketplace for Fidessa group, with opportunities for both our buy-side and sell-side products, as well as for our global connectivity solutions,” said Simon Barnby, global director of marketing communications, Fidessa group, in a statement. “These key staff appointments and new regional headquarters demonstrate our commitment to the region,” he added.