Fidessa changes up buy-side connectivity
25 September 2012 Boston
Image: Shutterstock
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.
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.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
