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Fidessa Expands in Asia Pacific

Posted: 25 February 2009

Fidessa has announced the expansion of its Asian operations to cope with growing client demand across the region. The expansion includes the appointment of new staff as well as the opening of a larger Asian headquarters in Hong Kong.

Fidessa's growth in Asia has been fuelled by interest in new products and services which have been made available to both the buy-side and sell-side communities across the region.

Nevin Price, Fidessa's regional manager for Asia, said: "The staff numbers in Hong Kong have increased by over twofold in the last couple of years to 100 people, and the new office here, combined with the business continuity centre we opened last year, will allow us to scale our operations further as our business grows."

New staff in Singapore will also add important local support capabilities for the growing customer base that operates from there.

"The demand from both the buy-side and sell-side segments in the region for these solutions is growing, and these investments in our business will ensure we remain at the front of the pack of potential suppliers to this audience", said Mr. Price.

Fidessa's products serve around 22,000 users across over 630 clients around the world and are used by over 85% of tier one financial institutions. Fidessa's network provides connectivity to over 2,200 buy-sides and 360 brokers across 115 markets globally.

 

 

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