17th May, 2006
Fidessa® Workstation extends member trading capabilities for the sell-side

LONDON – DWT, 17 May 2006 – royalblue (LSE:RYB) today announced the enhancement of its Fidessa Workstation’s member trading services to provide sophisticated order management, inbound FIX support and further exchange trading capabilities for the smaller broker/dealer.

With this release, the Fidessa Workstation extends member trading capabilities beyond the London Stock Exchange (LSE), and now enables users to trade as members on many other exchanges, such as Dublin, Euronext and Frankfurt. Fidessa also offers access to other trading destinations such as the Retail Service Provider (RSP) community, thus providing a broad view of all available liquidity and empowering users with the tools and coverage they need to achieve best execution.

Fidessa has long been established as the global benchmark for tier-one, sell-side order management systems. Fidessa’s continued investment in its Workstation product means it now offers proven, class-leading functionality, including internal and external client order capture, order management across multiple desks and locations, onward internal and external order routing, full internal audit trail and integration with in-house or third party systems, such as back-office systems, for realising true straight-through-processing. These enhancements also deliver on Fidessa’s strategy to support its clients in meeting the requirements of the forthcoming Markets in Financial Instruments Directive (MIFID).

Simon Barnby, global director of marketing communications at Fidessa comments: “At Fidessa, we work closely with our clients and are actively involved in market and regulatory developments. These activities allow us to constantly invest in and develop our trading platform in response to evolving needs. With this new release we extend our award-winning Workstation to offer enhanced order management and trading functionality along with integrated international market data and connectivity to Fidessa’s global network of exchanges and buy-sides, making it an ideal choice for the smaller sell-side firms. What’s more, clients also have the comfort of a clear upgrade path to our high-end solutions allowing Fidessa to grow with their expanding businesses.”

Fidessa’s market data, trading and connectivity solutions are used by over 8,500 users at around 200 clients around the world. Fidessa’s managed FIX connectivity network routes Orders, Trades, IOIs, Trade Adverts and Allocations amongst over 140 brokers, 67 exchanges and 600 buy-sides 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:

Alastair Turner
Aspectus PR (PR Agency)
+44 (0) 20 7487 8443
alastair@aspectuspr.co.uk

Fidessa® is a registered trademark of Fidessa Group plc
All product and company names herein may be trademarks of their registered owners.

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