RBS has selected Fidessas futures and options trading platform to enhance its execution capabilities within the global derivatives business.
Fidessa will provide RBS with a front and middle-office workflow capabilities and low-latency execution in derivative trading. Fidessas solution includes a technology infrastructure, data centers and connections to all the major derivatives markets worldwide. The platform delivers risk management, compliance and reporting capabilities, according to a press statement.
“Growing a derivatives business at a time of considerable competition, regulatory pressure and changing market structure presents some unique challenges. We are dedicated to providing the highest quality of service to our customers and Fidessas award-winning platform helps us deliver on that commitment by enhancing the tools we use and offer to our clients, said Brian Halligan, global head of futures execution and clearing at RBS.
He added, We are confident that we can realise substantial efficiencies while having a consolidated global view of our activity and risk profiles, which ensures that we can grow and manage our business in the most effective and efficient manner.”
