20th August, 2007
Fidessa takes top honors in Kimsey Consulting Trading Technology Study

New York – August 20, 2007 – Fidessa group plc (LSE: FDSA), the world-leading supplier of trading, market data and global connectivity, received top ranking in four categories in the annual Kimsey Consulting US Tri-State Trading Technology Study. 

Fidessa took the top spot over all in reliability of data, value for money, and customer relations, according to the report. “At Fidessa we consider the support of our customers and their systems and processes to be as important as our software and service itself.  We offer unrivalled levels of support and service that satisfy the highest demands of over 85% of tier-1 equity brokers globally.” says Martin Hakker, EVP of Marketing at Fidessa.

In addition, Fidessa was also ranked first among the independent service providers in speed of information. Fidessa’s trading solutions scored highly overall primarily because trading desks are increasingly looking for a hybrid solution that can address multiple needs from one desktop application, the report noted.  Kimsey’s research is based on 150 interviews with firms in the Tri-State area that collectively support 20,000 trading positions and 6,000 off-trading floor users of data and trading-related software.

“The results of the Kimsey Report are testament to Fidessa’s ongoing success both in product development and superior customer service and demonstrates Fidessa’s commitment to providing the financial markets with a truly first-class solution.  Fidessa provides robust, scalable, low latency solutions that address the numerous and diverse needs that traders have in today’s increasingly complex global markets.” said Hakker.

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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