Fidessa wins Best Buy-Side OMS at Markets Media awards

New York, March 4 2013 – Fidessa group plc (LSE: FDSA) has today announced that its buy-side order management system (OMS), has been named as the best in its category at the inaugural Markets’ Choice Awards for excellence in the U.S. financial markets, presented by Markets Media.

In today's highly-competitive markets, asset managers face an unprecedented set of challenges. Ongoing pressures of global regulatory reform and an ever-increasing volume of complex fund rules are coupled with the continual drive for improved efficiencies and lower operational costs. Fidessa’s buy-side OMS provides a flexible, multi-asset investment management workflow solution, available with fully-integrated portfolio management tools and a comprehensive pre- and post-trade compliance service that meets the demands for transparency from investors and regulators alike. The system can scale to support asset managers of all sizes and offers fully managed and hosted FIX connectivity to brokers and markets around the world.

Megan Costello, President of Fidessa’s North American Buy-side Business, said: "The combination of increased market complexity, globalization and fragmented liquidity plus unrelenting regulatory churn means that having the right technology solutions in place is critical if firms are to remain competitive. At Fidessa, we continue to invest in our buy-side product suite and partner with our clients to ensure that we are providing the functionality they need via delivery models that suit their business. We are delighted to be recognized for our excellence by the industry at large."

Following an extensive process, including interviews with senior market professionals, reader voting on MarketsMedia.com and consultation with Markets Media’s own Advisory Board, the award was presented at a ceremony held in New York at Arena Lounge on February 21.