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LatentZero’s EMS Workstation increasingly popular

Posted: 23 February 2009

Fidessa LatentZero, a provider of front-office software to the buy-side, has announced an increase of almost 60 percent in users of its EMS Workstation in 2008. The increase takes the total number of EMS Workstation clients to around 190.

Russell Thornton, EMS product manager at Fidessa LatentZero, said: “We’ve been investing heavily in extending the functionality and coverage of the EMS over the last twelve months and it’s great to see this uplift in clients as a result.”

The EMS Workstation is an internet-deployed, broker-neutral low-latency trading platform for equities and equity derivatives. It is available as a standalone workstation, as a staged solution from any OMS or order source through FIX, or as part of Fidessa LatentZero’s Minerva OEMS, an order and execution management system

The first phase of development in 2009 saw the integration of the Fidessa Fragmentation Index (FFI) which was completed at the end of January. The focus for the EMS in 2009 will be the addition of US options and improved handling of program trades.

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