Fidessa LatentZero, a provider of front-office software to the buy-side, has integrated its order and execution management system, Minerva OEMS, with Bloomberg's Trading System Order ExPARA_BREAK_SENTINEL_9f8e7d6c Fidessa LatentZero, a provider of front-office software to the buy-side, has integrated its order and execution management system, Minerva OEMS, with Bloomberg's Trading System Order Execution staging blotter. The Bloomberg TSOX blotter integrates the liquidity of Bloomberg ALLQ and FIT with the suite of analytics and other price discovery tools available on the Bloomberg Professional service. Bloomberg TSOX accepts multiple electronic trades simultaneously without re-keying data and sends trade reports, including competing dealer quotes, directly back to the Minerva blotter. This offers users greater levels of straight through processing and automation when executing cash bond orders. The Fidessa product suite provides integrated trading, market data and connectivity solutions to clients including more than 85 per cent of tier-one equity brokers. The Fidessa network provides connectivity to more than 1,800 buy-side institutions, 310 brokers and 100 markets worldwide.
Chris Gregory, head of connectivity services at Fidessa LatentZero, says: 'Extending our relationship with Bloomberg in this way gives our customers an additional destination to send cash bond orders, and offers them greater choice with regards to the execution of those orders. TSOX from Bloomberg is one of the most attractive tools of its kind, and our association with Bloomberg is part of a series of alliances that extends the connectivity offered through Minerva and supports our clients' requirements for multi-asset trading.'
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