Fidessa Launches Trade Affirmation Service for Buy Side

david-pearson
David Pearson, strategic business architect at Fidessa and co-chair of the FIX Trading Community Post-trade Working Group

Technology vendor Fidessa has launched a FIX-based application that enables buy-side firms to affirm trades with sell-side firms on a direct basis.

The Fidessa affirmation management service (AMS) integrates into the internal systems of buy-side firms to create a seamless flow from the buy-side front office to the broker. It is intended to help firms prepare for shorter settlement times and the introduction of new regulations by replacing the centralized, proprietary and manual processes that

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