F&O platform named Sell-side Trading System of the Year by FOW for a record seventh straight year

Continued industry recognition cements Fidessa’s leading position in the workflow automation space
LONDON — 05 December 2018: ION has announced that Fidessa’s futures and options trading platform was named Sell-side Trading System of the Year for the seventh consecutive year at last night’s FOW International Awards.
Judged by a panel of industry experts from across the market, the FOW awards recognize the best and brightest innovations in the derivatives industry. In commenting why Fidessa’s solution was chosen, Luke Jeffs, managing editor at Global Investor, said: “Fidessa has long established itself as the leading supplier of workflow automation systems to banks and brokers. More recently, the firm has invested in its derivatives technology to good effect. The Sell-side Trading System of the Year award is always hotly contested, and Fidessa’s victory in 2018 recognizes the great strides the vendor has made in derivatives execution and order management technology.”
“We’re excited and honored to win this award for the seventh time,” said Justin Llewellyn-Jones, Global Head of Derivatives at Fidessa. “We’ve continued investing heavily in our solution, which empowers our customers with automated workflows, fully integrated risk management, and extensive real-time analytics. Our track record of industry recognition and increased market share in all regions over the past year validates our position as the leading OMS provider in the global derivatives market. We are very excited about the opportunity we have in 2019 to leverage ION and Fidessa assets and build a truly integrated real-time trade workflow from execution to settlement.”
After meeting the extensive challenges and requirements introduced by MiFID II in January, Fidessa continued enhancing their platform throughout the year. They extended its workflow automation capabilities and developed powerful new execution and transaction cost analysis (TCA) features to help meet the increasing economic and regulatory demands of today’s markets. They also delivered an updated risk module that provides sophisticated capabilities without affecting latency to market.
What’s more, Fidessa has introduced a new, highly configurable front-end interface that can be installed quickly and efficiently, and easily deployed to remote users.
This is the seventh award that Fidessa’s technology has received in 2018. Showcasing the strength and success of their OMS solution, Fidessa also won Derivatives Trading System of the Year for the sixth year in a row at the FOW and Global Investor Asia Capital Markets Awards, Best Trading and Execution Technology for the second straight year at the CTA Intelligence European Services Awards and Best Trading and Execution Technology at the CTA Intelligence US Services Awards, Best Sell-side Order Management System at the Markets Media and Traders Magazine Markets Choice Awards, and Best Buy-side OMS at the Intelligent Trading Technology Awards.
About ION
ION provides mission-critical trading and workflow automation software solutions to financial institutions, central banks, governments and corporates.
About Fidessa
Fidessa provides award-winning trading and investment management solutions to buy-side and sell-side professionals, from global institutions and investment banks to boutique brokers and niche hedge funds. Our product suite is used by 85% of the world’s tier-one equity brokers, while our global trading network connects 6,300 brokers and investment managers and processes more than $26 trillion worth of transactions each year. Now that Fidessa is part of ION, we’re transforming the derivatives world by harnessing the power of interconnected, real-time data. Through our passion for automation and innovation, we unify our clients’ operations, empowering their business with smart workflow, real-time analytics, and proactive risk management. For more information, visit www.fidessa.com.