Fidessa changes up buy-side connectivity 25 September 2012Boston Reporter: Georgina Lavers
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Fidessa announced that it has transformed its connectivity service for the buy-side. The firm stated that it changed its service to cover all hosting, management and operational aspects of a firm's FIX and Non-FIX based connectivity and infrastructure, after recognising that firms can no longer rely on the provision of FIX engines and networks alone.
Megan Costello, president of Fidessa's North American buy-side business, said: “Access to a broad range of multi-asset broker services, hubs, crossing engines and post-trade systems all around the world is now commonplace, but it brings with it the need to implement and run a highly complex technology infrastructure.”
The new service allows firms to outsource their complete connectivity infrastructure to Fidessa, which will take over hosting, networking and operational management for its buy-side customers.
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