8th November, 2006
Fidessa® launches Execution Management Service in Asia

Singapore – 08 November 2006: royalblue (LSE: RYB), provider of Fidessa®, today announced the Asian launch of its award-winning Execution Management Workstation (EMS). Fidessa EMS provides a global, broker-neutral, multi-asset execution platform for buy-side trading desks.

Simon Barnby, global marketing communications director at Fidessa, comments: "Fidessa EMS is a proven product with a great track record already supporting a wide range of users in the US and Europe. As part of our continued commitment to our global client base we are delighted to launch this functionally-rich product, with global reach and integrated market data, to the Asian market. This unique combination of content, features and connectivity clearly differentiates us from the incumbent suppliers in this region."

Launched in Europe in 2005, Fidessa EMS has seen terrific take up in both Europe and US and already boasts over 70 buy-side clients. The product addresses the needs of a broad range of buy-side players, including hedge funds, prop-trading desks, traditionals, private banks and mutual funds. It provides the sophisticated management and routing tools needed to access the DMA, algorithmic and care order execution services offered by over 170 brokers on the Fidessa global connectivity network.

Fidessa EMS delivers all the benefits of true straight-through-processing for order and execution flow. Available as a hosted service, it integrates seamlessly with a client's portfolio management system, back office, etc, and can receive external client order flow over Fidessa's managed, normalised FIX network. It supports multiple/regional trading desks, list/basket management and wave trading, along with pre/post-trade analytics and real-time intraday positions. Fidessa continually invests in its EMS offering, most recently adding multi-asset functionality.

The Fidessa product suite provides integrated trading, market data and connectivity solutions to over 9,300 users at over 260 institutions worldwide. Fidessa's connectivity network provides links to over 750 buy-side institutions, 170 brokers and 70 exchanges globally.

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. Available as a simple workstation or as an integrated application suite, the Fidessa and Fidessa LatentZero products are built on the clear vision of providing the richest functionality, coverage and distribution to the financial markets community.

The Fidessa suite is used by 85% of tier-one, global equity brokers providing sophisticated multi-asset trading, market data, order management and execution capabilities to all tiers of the sell-side.

The Fidessa LatentZero suite is used by the world’s largest asset management firms through to smaller specialist managers and hedge funds, and provides comprehensive portfolio analysis, real-time P&L, what-if analysis, investment compliance, order and execution management, and post trade processing tools, across all asset classes, to all tiers of the buy-side.

Fidessa’s global network carries over 130 million messages a month covering DMA, Care and Algorithmic orders, Indications of Interest and FIX Allocations between over 1,800 buy-sides and 310 brokers across 100 markets worldwide.

Head-quartered in London and with offices in New York, Boston, Tokyo, Hong Kong, Paris, Toronto and San Francisco, Fidessa group serves 22,000 users across 600 clients globally. Fidessa group was founded in 1981, has revenues of around US$350m, employs over 1,200 people and has been fully listed (LSE:FDSA) since 1997.

For further information, please contact:

Nevin Price
+852 2500 9500
nevin.price@ap.fidessa.com

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