Cornhill Asset Management has implemented a new information system for its UK equity and derivatives business.
Cornhill has taken the real-time Fidessa workstation system from royal blue, replacing all of its Knowledge Technology Solutions' (KTS) QuoteTerminal positions within its brokerage division.
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Graham O’Loughlin, equity sales trader at Cornhill Asset Management, said, "We chose to migrate to Fidessa as it met all our requirements: it provides rich functionality, state-of-the-art front end displays and a highly competitive pricing model.”
Fidessa Workstation comes with integrated real-time equities and derivatives data, news, charts, company fundamentals and reference data.
The system comes with a flexible pricing model that enables users to pay just for the data they use from the source of their choice, rather than incurring a flat fee for a raft of data they may not require.
With this pricing model, Fidessa Workstation can typically reduce market data costs by up to half, said the supplier.
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