LONDON & NEW YORK--(BUSINESS WIRE)--
Orange Business Services - Trading Solutions, the leader in voice and electronic trading infrastructure and services for the trading communities today announced a new deal with Fidessa group plc (LSE: FDSA.L - News), a provider of high-performance trading, investment management and information solutions for the world’s financial community. Under this deal, Fidessa clients can now use Trading Solutions’ financial extranet, TCSnet, directly from Fidessa's European Data Centres to satisfy their demanding high performance, highly resilient global connectivity needs.
Fidessa and Trading Solutions' customers, including broker/dealers, asset managers and hedge funds, increasingly need extensive connectivity between each other as well as to the world's financial markets. Having the right links in place and using the correct infrastructure is key to ensuring that their trading flow is handled quickly and reliably.
“We have been working with Orange Business Services - Trading Solutions for some time and during this period the company has shown exceptional client support and quick time to market on the services we have been using. Connecting to Fidessa was an imperative for our customers, as was having one of the most reliable connectivity services in place to handle our customers’ orders and trade flow. We knew that Trading Solutions would provide one of the best connectivity experiences possible,” said Javier Dominguez, Managing Partner at Auriga.
Fidessa’s community of over 2,900 buy-side investment firms and 700 sell-side brokers can now make use of a fully-integrated connectivity service from TCSnet, as well as potentially accessing over 2,000 Trading Solutions customers.
“Fidessa is one of the very few suppliers that covers every stage of the investment process and that easily adapts to different market and regional needs. For their managed enterprise solution or on a Software as a Service (SaaS) basis, Fidessa now allows their domestic and international clients to trade markets electronically using the TCSnet service,” said Sebastien Jaouen, head of Global Sales at Orange Business Services - Trading Solutions. “This deal highlights our commitment to responding quickly to our clients’ needs as we continuously look to connect them to the trading resources they require.”
“Trading Solutions’ TCSnet offers our customers one of the best connectivity solutions possible, with access to over 50 key financial hubs across the globe. With a reliable, secure and low-latency network, the TCSnet connectivity service is quick, reliable and efficient,” said Mark Bever, Director at Fidessa group.
The Trading Solutions portfolio includes fully managed voice and data services. It helps manage market data flows, electronic trading and order routing. It also handles clearing and settlement and ensures business continuity. The network is tailor-made for the trading industry, offering SIP-based services for enhanced flexibility and performance, better BCP strategies and business-oriented applications.
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About Fidessa group
Exceptional trading, investment and information solutions for the world’s financial community.
New technology, new regulation, new challenges: making money in today’s financial markets is all about staying ahead of the curve. Having the capability to spot new trends and act fast turns change into opportunity. That’s why 85% of the world’s premier financial institutions trust Fidessa to provide them with their multi-asset trading and investment infrastructure, their market data and analysis, and their decision making and workflow technology. It's also why $10 trillion worth of transactions flow across our global network each year. Because we’re the market leader, we can also offer unique access to the world’s largest and most valuable trading community of buy-side and sell-side professionals, from global institutions and investment banks to boutique brokers and niche hedge funds.
Fidessa is a global business with scale, resilience, ambition and expertise. We’ve delivered around 30% compound growth since our stock market listing in 1997 and we're recognised as the thought leader in our space. We set the benchmark with our unrivalled set of mission-critical products and services and, uniquely, serve both the buy-side and sell-side communities. Ongoing investment in our leading-edge, integrated solutions ensures Fidessa remains the industry's number one choice.
Fidessa® is a registered trademark of Fidessa group plc.
All product and company names herein may be trademarks of their registered owners.
Auriga Global Investors, Sociedad de Valores, is a Spanish independent registered securities company. Under the supervision of The Comisión Nacional del Mercado de Valores (CNMV), it has a multi-disciplinary team with proven professional experience in consulting and wealth management, investment services and transaction processing in financial markets. Learn more atwww.aurigasv.com/
France Telecom-Orange is one of the world’s leading telecommunications operators with 172,000 employees worldwide and sales of 45.3 billion euros in 2011. Present in 35 countries, the Group had a customer base of 226 million customers at 31 December 2011, including 147 million customers under the Orange brand, the Group's single brand for internet, television and mobile services in the majority of countries where the company operates. For more information visit: www.orange.com orwww.orange-innovation.tv
About Orange Business Services
Orange Business Services, the France Telecom Orange branch dedicated to B2B services, is a leading global integrator of communications solutions for multinational corporations. With the world’s largest, seamless network for voice and data, Orange Business Services reaches 220 countries and territories with local support in an additional 166. Thousands of enterprise customers and 1.4 million users rely on Orange Business Services international platform for communicating and conducting business. Learn more at www.orangebusiness.com
About Orange Business Services - Trading Solutions
a single source of innovation.
Orange Business Services - Trading Solutions (Trading Solutions) is a leading provider of convergent voice and electronic trading infrastructure and services for the trading communities. It is an international subsidiary of the Orange Group, employing over 450 people in the major financial centres across the globe including Beijing, Frankfurt, Geneva, Hong Kong, London, Madrid, Milan, New York, Paris, Shanghai, Sydney, Singapore, Tokyo and Zurich. The company is supported by a global partner network of distributors in 50 countries offering customers 24/7 service.
Trading Solutions has more than 45 years' experience of working with the financial services trading industry. Focusing on building long-term partnerships with customers, the company brings innovative solutions and the highest quality services to the trading community. It provides optimised solutions over its dedicated trading network to a community of more than 2,000 network member organisations, encompassing buy-side and sell side institutions and trading venues.
Trading Solutions also offers flexible trading products and services including state of the art, unified voice trading solutions. Its next generation Open Trade turrets feature programmable user interfaces, touchscreens and voice/instant messaging recording solutions. Open Trade was named 'best innovation by an IT or software firm' in the trading and execution category in the FOW Awards 2011 and Trading Solutions was recognised as a Financial-i 'leader in innovation' two years running in 2010 and 2011, for its IP network offering.
Orange and any other Orange product or service names included in this material are trademarks of Orange Brand Services Limited, Orange France or France Telecom.
Caroline Beer, +44-(0)20-3100-3796