20th June, 2006
US Launch of Fidessa® Execution Management Workstation

New York – SIA Conference, 20 June 2006 – royalblue (LSE:RYB) today announced the US launch of its highly successful and award winning Execution Management Workstation (EMS). The Fidessa EMS workstation provides a global, broker-neutral execution management solution for buy-side trading desks.

Aimed at a broad range of buy-side players, including Hedge Funds, Prop-trading desks, Traditionals, Private Banks and Mutual Funds, Fidessa EMS provides the sophisticated management and routing tools needed to execute through the DMA, Algorithmic and Care order services offered by over 140 brokers on the Fidessa global connectivity network.

Fidessa EMS is offered as a fully managed “ASP” service with no dedicated on-site client infrastructure and with the ability to be integrated into a client’s own internal systems – e.g. order/portfolio management systems, back-office systems, etc. Coupled with the ability to receive external client order flow over Fidessa’s managed, normalized FIX network, Fidessa EMS delivers the benefits of true straight-through-processing for a client’s order and execution flow.

With support for multiple/regional trading desks, list/basket management and wave trading, along with pre/post-trade analytics and real-time intraday positions, Fidessa EMS is a one-stop solution for buy-side execution management needs.

Martin Hakker, EVP Marketing at Fidessa, comments: “With Fidessa EMS we have a proven solution that is already used by a broad range of users throughout Europe and Asia. We can now offer this functionally rich product, with global reach and fully-integrated, comprehensive market data, to the US market. This unique combination of content, features and connectivity clearly differentiates us from the incumbent suppliers in this area.”

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:

Marc Weinstein
Spring, O'Brien & Co for Fidessa
(212) 520-7100, ext. 216
marcw@spring-obrien.com

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