Fidessa
British financial services company
title: "Fidessa" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["financial-services-companies-established-in-1981", "software-companies-established-in-1981", "software-companies-based-in-london", "financial-services-companies-of-the-united-kingdom", "financial-data-vendors", "electronic-trading-systems", "financial-services-companies-based-in-london", "companies-formerly-listed-on-the-london-stock-exchange", "2018-mergers-and-acquisitions", "british-companies-established-in-1981"] description: "British financial services company" topic_path: "geography/united-kingdom" source: "https://en.wikipedia.org/wiki/Fidessa" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary British financial services company ::
::data[format=table title="Infobox company"]
| Field | Value |
|---|---|
| name | Fidessa Group Holdings Ltd |
| logo | Fidessa.svg |
| logo_size | |
| type | Subsidiary |
| industry | Software |
| foundation | |
| location_city | London |
| location_country | United Kingdom |
| products | {{unbulleted list |
| revenue | £353.9 million (2017){{cite web |
| url | http://www.fidessa.com/document/4406 |
| format | |
| title | Preliminary Results 2018 |
| accessdate | 25 March 2018 |
| publisher | Fidessa}} |
| operating_income | £49.6 million (2017) |
| net_income | £35.7 million (2017) |
| parent | ION Investment Group |
| homepage | |
| :: |
| name = Fidessa Group Holdings Ltd | logo = Fidessa.svg | logo_size = | type = Subsidiary | industry = Software | foundation = | location_city = London | location_country = United Kingdom | products = {{unbulleted list |Trading & investment management systems |Analytics & market data}} | revenue = £353.9 million (2017){{cite web |url=http://www.fidessa.com/document/4406 |format=PDF |title=Preliminary Results 2018 |accessdate=25 March 2018 |publisher=Fidessa}} | operating_income = £49.6 million (2017) | net_income = £35.7 million (2017) | num_employees = | parent = ION Investment Group | homepage =
Fidessa group Holdings Ltd (formerly Fidessa Group Plc), is a British-headquartered company which provides financial markets software and services, such as trading and investment management systems, analytics and market data, to buy side and sell side clients in the financial services sector.
It was listed on the London Stock Exchange and was a member of the FTSE 250 Index before it was acquired by ION Investment Group, which also owns financial content provider Dealogic and financial media group Acuris.
History
The company was founded in 1981 as Intercom Data Systems (IDS): it was later renamed royalblue Group plc, and consisted of two separate operating divisions, royalblue Financial and royalblue Technologies. With the group's core trading platform, Fidessa, being better known in the market place, the Royalblue Group plc changed its name to Fidessa Group plc following shareholder approval at the AGM held in April 2007. In November 2008, Fidessa launched its Fidessa Fragmentation Index. In April 2011, Fidessa launched the Tradalyzer that provides detailed trading analysis.
On 20 February 2018, it was announced that Temenos Group was in advanced talks to purchase Fidessa. The following day, Fidessa's board recommended that shareholders accept an offer of £35.67 per share to purchase the company, valuing it at £1.4 billion.
This offer was later beaten by an offer from ION Investment Group who offered £39.50 per share, valuing the company at £1.5 billion.
Operations
Market penetration
As of early 2009, around 70% of all securities transactions in London were reportedly handled by Fidessa systems.
Products
In addition to a trading platform, Fidessa hosts a broker neutral FIX-enabled execution network. This has a large number of brokers connected to it and is similar to other inhouse FIX networks, such as the LSE Hub, the SunGard Transaction Network (STN) and Thomson Reuters subsidiary TradeWeb's Autex Trade Route.
References
References
- [https://archive.today/20130123100313/http://www.forbes.com/global/2000/1030/0322086a_9.htmlRegards Royalblue Group] Forbes, 2000
- (12 February 2007). "Royalblue to change name, looking for acquisitions". Reuters.
- "Financial Industry Trading News - Algorithmic Trading News - Automated Trader". automatedtrader.net.
- [http://www.automatedtrader.net/news/algorithmic-trading-news/86207/fidessa-unveils-tradalyzer-in-canada Fidessa unveils Tradalyzer in Canada] {{Webarchive. link. (2 April 2015 Automated Trader, 17 August 2011)
- (21 February 2018). "Temenos agrees 1.4 billion pound deal for Fidessa, activist Elliott enters". Reuters.
- (20 April 2018). "Fidessa dumps Temenos in favour of £1.5bn Ion offer". Financial Times.
- Sandle, Paul. (16 February 2009). "Fidessa beats FY forecasts, sees 2009 growth". [[Reuters]].
- (5 October 2010). "Tradeweb to Offer Access to Asian Dark Pool BlocSec". Wall Street and Tech.com.
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