Fidessa's trading risk and control system will enable asset managers to better consolidate, monitor and control their trading operations.
With the capability to recognize unwanted trading patterns, restrict trades by attribution and limit cumulative volumes by counterparty, desk, trader or market, Fidessa's sentinel trading compliance system enables asset managers to centralize the monitoring and control of their trading operations across multiple systems, markets and trading desks.
Fidessa, winner of the 2015 Best Sell-Side OMS Provider, has worked closely alongside a global, tier-one asset management client, to deliver a single system to centralize control.
"Monitoring and controlling trading activity has traditionally been handled by the OMS, but for many large asset managers this approach has become fragmented, difficult to control and insufficient," says Richard Hooke, buy-side product director at Fidessa. "Working closely alongside a global, tier-one asset management client, we are delivering a single system to centralize control that has robust capabilities to oversee, analyze and impose restrictions on trading practices ─ something that has not previously been feasible."
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails