Fidessa and Alpha Omega Announce Post-Trade Alliance

Fidessa and Alpha Omega have struck an alliance designed to improve post-trade processing and reduce costs by as much as 50 percent.

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Fidessa and Alpha Omega alliance will connect Fidessa’s AMS with Alpha Omega’s FIXAffirm post-trade service.

For both firms, this partnership is designed to answer the needs of the market where participants require more efficient affirmation processing. "This partnership makes sense because it connects buy-side asset managers with sell-side vendors," says David Pearson, Fidessa's head of post-trade services. "People on both sides are looking for more automation and efficiency, and that is exactly why we partnered with Alpha Omega ─ we both have the same end-goal." 

Kamal Duriggala, Alpha Omega's CEO,

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