12.07.2015

Fidessa boosts platform with options analytics from Hanweck

12.07.2015

New York, December 3, 2015 – Fidessa group plc (LSE: FDSA) today announced that it has integrated Hanweck Associate’s VoleraFEED™ into its award-winning sell-side equities trading platform to provide users with access to high-performance options analytics. VoleraFEED is recognized as the industry’s leading options analytics service.

“The seamless integration of Hanweck’s options analytics and Greeks within our platform further enhances our ability to deliver the highest quality, best practice services to our clients,” said Joy Rosenstein, VP of Equity Options Product Management for Fidessa. “The exponential growth of quote volume in the options world, along with the increased complexity of data sets and unprecedented demand for low-latency, real-time analytics, requires bandwidth and processing power at levels never seen before. Hanweck is known for its ability to deliver this power while maintaining the highest possible quality analytics and service, therefore making them a valuable addition to our platform.”

Hanweck pioneered the use of graphics processing units (GPUs) within the financial industry to meet the demand for compute-intensive risk analytics. The firm’s Volera® analytics engine employs hardware acceleration to handle today’s highly complex data sets and extreme quote volume without sacrificing quality or service.

Gerald A. Hanweck, Jr., PhD, founder and CEO of Hanweck Associates, said: “Integration with Fidessa delivers our VoleraFEED options analytics to Fidessa’s options customers, sophisticated traders who need to make informed trading decisions and react to markets faster than ever. We are very excited to be able to offer our service to this community.”

Fidessa’s equities trading platform supports the trading operations of some of the world’s leading firms and has garnered a number of industry awards. Scaling from a single regional implementation with global reach, to a global deployment across multiple regions, it includes connectivity to all the major trading venues, buy-sides and other brokers.

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About Fidessa group
Exceptional 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

About Hanweck
Founded in 2003, Hanweck Associates is a leading provider of high-performance, low-latency and large-scale financial risk analytics to top-tier financial institutions, including banks, broker-dealers, portfolio managers, exchanges and central counterparties. Hanweck’s hardware-accelerated Volera® technology delivers real-time analytics as a service, empowering clients to quickly and cost-effectively exploit market opportunities and manage their risk.

For further information, please contact:
Simon Barnby
Fidessa
+44 20 7105 1250
simon.barnby@fidessa.com

Jed Hamilton
Aspectus PR (PR agency)
+1 646 202 9842
jed.hamilton@aspectuspr.com

For further information regarding Hanweck, please contact:
Andrew Hennessy
3Points Communications (PR agency)
+1 312 725 7950
andrew@3ptscomm.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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