Fidessa launches global analytics platform

David Sobolewski, business manager for analytics, Fidessa in the US: "This new platform provides firms with the tools they need to deploy new analytics by leveraging Fidessa's calculations, dataset or other data sources."

Fidessa group plc (LSE: FDSA), the provider of trading, market data and connectivity solutions, has announced the launch of its new analytics platform that enables users to conduct complex, real-time pre-trade, intra-day and post-trade calculations from multiple data sources. The analytics platform is available integrated with the Fidessa OMS, program trading and BlueBox algorithmic engines, or installed with interfaces to any third-party trading, risk management or reporting application via a software license.

David Sobolewski, business manager for analytics at Fidessa in the US, comments: "As the trading requirements of buy-sides become more sophisticated, the need for brokers to extend their level of service, and to measure and report their performance, increases. Building on Fidessa's existing analytics capabilities, this new platform provides firms with the tools they need to deploy new analytics by leveraging Fidessa's calculations, dataset or other data sources. Firms are also able to create new ways of marketing their trading expertise - for example, using alpha capture techniques to add significant value to the services they can offer their clients."

Philip Slavin, head of European product strategy, Fidessa: "The platform can provide real-time performance reporting and transaction cost analysis to the buy-side, and is built on an open architecture enabling firms to add new analytics programmatically."

Philip Slavin, head of European product strategy at Fidessa, adds: "This new platform also allows model builders to incorporate these analytic calculations into their algorithmic trading engines and smart order routers. In addition, the platform can provide real-time performance reporting and transaction cost analysis to the buy-side, and is built on an open architecture enabling firms to add new analytics programmatically."