Fund-Technology.com

Fidessa expands in Latin America

Posted: 13 January 2009

Fidessa group plc (LSE: FDSA), provider of the Fidessa and Fidessa LatentZero trading, market data and connectivity solutions, today announced its expansion into Latin America with the addition of Planner Corretora De Valores S/A (Planner), a Brazilian investment bank, to its connectivity network.

"In the last two years, we have seen a surge in interest in the Brazilian markets coming from the global investment community," said Stephan de Sabrit, managing director at Planner. "The overwhelming majority of those investors are looking for expertise from a local broker with local knowledge of stock performance and an unbiased view of the market. Through this partnership with Fidessa, we are delighted to bring our full suite of brokerage services to one of the largest global networks of sell-side and buy-side firms."

Martin Hakker, EVP Marketing, at Fidessa said: "Our clients are increasingly demanding access to services from Latin American markets as liquidity increases in the markets across the region. Also driving client demand is that investors are able to execute their electronic order flow in Latin American markets as seamlessly as they are able to for the U.S., European, Canadian and Asian markets on Fidessa's global network.

 

 

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