Fidessa Expands Partnership Program with ChartIQ

News Wire

Fidessa group today announced that it has added ChartIQ to its Partnership Program, which was launched in September 2015. The aim of the Program is to allow Fidessa's trading community to access the latest third-party tools and technologies, and for partner firms to leverage Fidessa's workflow and distribution.

ChartIQ is the latest firm to join the Program and brings an innovative HTML5 visualisation toolkit to the Fidessa trading community. The new partnership will embed context sensitive charting directly within the Fidessa trading workflow, and adds to the range of analytics already available, including its award winning Prospector and live order monitoring tools.

As market complexity continues to intensify, and the volume of data and its variety of sources continue to rise, a dashboard approach becomes essential to understanding trading workflow and ensuring it is always tuned for optimum results. So, for example, Fidessa users will now be able to overlay order information directly onto a stock chart so that they can see the interaction between its price and the actions and events within the trading system.

Steve Grob, Director of Group Strategy at Fidessa, said: "We are constantly scanning the capital markets technology scene to uncover exciting companies that stand apart for the quality of their software and that share our values and our vision. The evolution of technologies such as HTML5 and more powerful visualisation and analytical techniques, are now allowing us to contextualise information right into the live trading workflow. We're excited to be working with ChartIQ to deliver this to our own community."

Commenting on the partnership, Dan Schleifer, CEO of ChartIQ, added: "The relationship between Fidessa and ChartIQ highlights an important trend in the financial technology market –  capital market leaders like Fidessa are partnering with innovative and fast-moving companies like ChartIQ to bring new solutions to market. Our partnership is not just two technology companies working together to integrate – we really have a shared vision of the future of the institutional desktop, one that will enhance the user experience and trader workflow all around."

Integration is underway and ChartIQ will be available in Fidessa's platform later this year.