Both companies are seeing strong demand for high quality trading software which supports both the cash and derivatives markets, and believe that co-operation may be in the long term interests of their customers in ensuring the fastest time to market for their product functionality.
Commenting on the announcement Chris Aspinwall said “Following the recent announcement by Royalblue that Stephen Grob would be joining our management team, it was natural that we would explore working with FFastFill. We have been very impressed with their technology and feel there are a number of areas, such as exchange connectivity, where they could help to significantly reduce the time to market for combined cash equity and derivatives applications”.
Keith Todd said “ We think that offering our customers the best of what both Fidessa and FFastFill can provide would offer the market the first genuine cross-asset class platform suitable for all the players in the market.”
About Fidessa
Fidessa, from Royalblue, is a world leading solution for trading systems, market data and global connectivity. Available as a simple workstation or as an integrated application suite, Fidessa is built on the clear vision of providing the richest functionality, coverage and distribution to all tiers of the financial markets.
Fidessa is used by over 100 financial institutions globally and has become the benchmark and product of choice for this market.
www.fidessa.com
