Fidessa Upgrades IMS to Version 14, Adds Compliance

The new capabilities, dubbed Active Compliance, give access to a range of pre-trade compliance controls in addition to an intelligent ruleset capability.

"The patchwork approach, where disparate systems are held together by a network of complex and error-prone integrations, can no longer support the increasingly demanding requirements from a regulatory, operational risk and cost-of-ownership perspective," says Richard Hooke, product director at Fidessa. "This latest version of Fidessa IMS addresses these challenges and provides a harmonized workflow platform that allows investment managers to run their businesses in an efficient, transparent and operationally robust manner, while having the flexibility to respond quickly to business change."