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19th January, 2004
Durlacher sign with royalblue for market data
Durlacher have chosen royalblue,
the market leading provider of global equity trading
software and market-data systems, as supplier
of market-data workstations for their Corporate
Finance, Sales and Trading teams.
Durlacher will use royalblue's
Fidessa Workstation product to
replace a number of existing ProQuote and Reuters
services.
The Fidessa Workstation is targeted
at users of equity market information and provides
real-time coverage of Level 1 and Level 2 Exchange
data along with related News, Company Fundamentals,
Historical Data and supporting information such
as World Indices, Money Market Rates and Commodity
and Fixed Interest prices. Transactional links
are also available for users that require a flexible,
highly functional and robust solution for electronic
trading.
Commenting on the deal, Dominic Grise of Durlacher
said, "We were looking for a cost-effective,
reliable workstation product that was intuitive
to use and easy to install and support. royalblue's
Fidessa Workstation satisfied
all this and was the users' preferred choice.”
Simon Barnby, royalblue's Business
Development Manager, said "Winning a client
like Durlacher is a direct result of how we have
set the new standard for workstation products
in 2003. This year will really see us pull away
from the pack as the product evolves further in
terms of functionality and content.”
Built on the tried and tested Fidessa
trading system architecture, for which royalblue
has global recognition, the Workstation benefits
from the support and infrastructure associated
with a proven supplier to global tier-one players.
The ability to leverage this existing technology
and infrastructure allows royalblue
to provide unparalleled levels of resilience,
reliability and support along with rapid product
evolution - all at a highly competitive price.
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