Fidessa Partners with ChartIQ to Add HTML5 Charting Solutions

HTML5-based financial charting and technology company ChartIQ today announced its addition to the partnership program of Fidessa group plc (LSE: FDSA).

The partnership enables Fidessa to deliver a modern and immersive trading interface to its trading community, whilst allowing ChartIQ to leverage Fidessa’s workflow and distribution.

The current integration, which is expected to be completed later this year, marks a growing list of firms .

The integration into Fidessa’s financial trading platform adds to the range of analytics already available, and demonstrates ChartIQ’s customization options available through its charting solution. This type of flexibility allows companies like Fidessa to embed context sensitive charting directly within their trading workflow. For example, Fidessa’s users will now be able to overlay order information directly onto a stock chart so that they can see the interaction between its price and the actions and events within the trading system.

The agreement with ChartIQ is the latest in a spate of deals since the trading software maker expanded into the derivatives market, culminating in partnerships with Citi, Nomura and Newedge, amongst others. Fidessa’s derivatives trading platform is now deployed by more than 70 clients worldwide, scaling to support everything from single user execution through to fully-integrated global order management.

Commenting on the partnership, Steve Grob, Director of Group Strategy at Fidessa, commented: “We are constantly scanning the capital markets technology scene to uncover exciting companies that stand apart for the quality of their software and that share our values and our vision. The evolution of technologies such as HTML5 and more powerful visualisation and analytical techniques, are now allowing us to contextualise information right into the live trading workflow. We’re excited to be working with ChartIQ to deliver this to our own community.”

Dan Schleifer, CEO of ChartIQ, added: “The relationship between Fidessa and ChartIQ highlights an important trend in the financial technology market – capital market leaders like Fidessa are partnering with innovative and fast-moving companies like ChartIQ to bring new solutions to market. Our partnership is not just two technology companies working together to integrate – we really have a shared vision of the future of the institutional desktop, one that will enhance the user experience and trader workflow all around.”

 

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