FIDESSA GROUP PLC Press Release
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Wins prestigious award for sixth time
London, 10th November 2015 - Fidessa group plc (LSE: FDSA) today announced that its Sentinel buy-side compliance solution has scooped the top spot for best compliance product for the sixth time at the annual Buy-Side Technology Awards.
With the industry undergoing the biggest programme of regulatory reform ever seen, asset managers are under increasing pressure to juggle the demands of regulators with the needs of their clients, and all of this against a backdrop of increasingly challenging economic conditions. Consequently, firms need a compliance system with the power and flexibility to address these requirements today and one that can scale and evolve to address their needs in the future.
A market-leading, multi-asset class solution, Sentinel provides the transparency and agility that buy- side firms require, enabling them to react quickly to sophisticated new mandates and legislation.
Available as a fully managed service, Sentinel allows asset managers to reduce their operational costs by taking responsibility for rule coding, regulatory updates, data management, list maintenance and platform upgrades. Additionally, its real-time engine keeps pace with a firm's pre-trade needs in today's increasingly complex and diverse world.
Long-established as the pre-eminent portfolio compliance system, the recent addition of Sentinel Trading Compliance sets a new standard, allowing asset managers to consolidate, monitor and control their trading operations and risk on a single platform.
Richard Hooke, Product Director at Fidessa Buy-side, commented: 'The current climate is tough for asset managers as the industry continues to meet the challenges of regulation, increased complexity and the need for transparency and tighter control of costs. To adapt to this environment, our customers require the best possible solution that they can trust to meet their current and future compliance needs in a totally flexible and robust way. It's gratifying to know that our consistent and sustained investment in developing the solution to the highest possible standard has been acknowledged once again by this award.'
Victor Anderson, Editor-in-Chief, Waters, remarked: 'With asset managers facing intense scrutiny, Fidessa's Sentinel maintains a dominant position in an area that continues to be the focus for both regulators and investors. The judges were impressed with Fidessa's ongoing commitment to providing the compliance and risk management functionality that its customers demand. By allowing them to demonstrate consistent best practice, Sentinel remains a compelling proposition for buy-side firms and is a well-deserved winner in this category.'
© 2015 Fidessa group plc
About Fidessa groupExceptional 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 around $20 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 25% 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.com
Fidessa® is a registered trademark of Fidessa group plc.
All product and company names herein may be trademarks of their registered owners.
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