Fidessa
Fidessa's EMS Workstation is a front end for all hosted services including compliance, connectivity management and execution management. The platform can be used by any asset manager from small hedge funds to larger institutional managers requiring multi-asset class, broker-neutral front office capabilities.
Clients range from large traditional asset managers through to small hedge funds with 45% based in Europe, 45% in the US and 10% in Asia.
Sourcing options
The Fidessa Buy-Side Workstation is only available as a fully hosted solution.
Counterparty connectivity
The system offers electronic order processing, flow analysis and FIX customisation. The Workstation also provides fully hosted access to over 750 brokers and 180 global markets, as well as direct aggregators and dark pools. It also includes single order and program management functions and integrates with any order management system via FIX or .Net. The compliance mode restricts trading to the parent platform, including broker restrictions and CSA regulations.
Asset classes
The Workstation covers equities, exchange-traded futures and options and FX trading. Brokers and services are brought on centrally by Fidessa connectivity teams. All updates are remotely administered to all clients and can be performed overnight globally.
Pre- and post-trade analytics
Broker neutral analytics include the Fidessa Fragmentation Index, Fragulator and Tradalyzer and pre- and post-trade analytics direct from broker platforms via integrated windows; real-time integrated analytics and charting are also available.
Future plans
The product is updated quarterly. Plans include further integration of the compliance tools as well as enhancing the platform’s order management system capability to include commission management, allocations and more trade automation.