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Cornhill installs new market information system

Cornhill Asset Management has implemented a new information system for its UK equity and derivatives business.

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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.

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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Comment on this article: computer.weekly@rbi.co.uk

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