PRESS RELEASE

FIDESSA LATENTZERO MINERVA OEMS NOW PROVIDES ACCESS TO FX CONNECT

London, 10th March, 2008

Fidessa LatentZero, one of the world’s leading providers of front-office software to the buy-side, has announced that it will now offer access to State Street’s FX Connect trading platform from its order and execution management system, Minerva. Users of Fidessa LatentZero’s trading network, LTN, will now have an improved ability to integrate foreign exchange trading into their portfolio execution process.

FX Connect provides real-time, fully interactive foreign exchange trade execution with multiple counterparties, 24 hours a day. It delivers real-time information, and links pre-trade research and strategy information, electronic trading and post-trade clearance, settlement and reporting.

By making its interface available through Minerva OEMS, Fidessa LatentZero has enabled clients to maximize their front-end efficiency, and take advantage of faster, simpler trades than would be possible using manual and semi-automated methods.

Chris Gregory, Head of Connectivity Services at Fidessa LatentZero, said: “We have worked together with best-of-breed providers to enhance the service offerings and functionality of our award-winning order and execution management system. Our relationship with FX Connect, and the inclusion of their interface within Minerva, will enhance our clients’ foreign exchange trading operations. With straight-through processing, and automated workflow, they improve accuracy and reduce risk. We now have even greater sources of liquidity, helping to provide best execution across a diverse portfolio.”

About Fidessa group

Fidessa group is a world-leading supplier of multi-asset trading, portfolio analysis, decision support, investment compliance, market data and global connectivity solutions for both the buy-side and sell-side globally. Available as a simple workstation or as an integrated application suite, the Fidessa and Fidessa LatentZero product suites are built on the clear vision of providing the richest functionality, coverage and distribution to the financial markets community.

The Fidessa suite is used by 85% of tier-one, global equity brokers providing sophisticated trading, market data, order management and execution capabilities to all tiers of the sell-side.

The Fidessa LatentZero suite is used by the world’s largest asset management firms through to smaller specialist managers and hedge funds, and provides comprehensive portfolio analysis, real-time P&L, what-if analysis, investment compliance, order and execution management, and post trade processing tools, across all asset classes, to all tiers of the buy-side.

Fidessa’s global network carries over 95 million messages a month covering DMA, Care and Algorithmic orders, Indications of Interest and FIX Allocations between around 1,500 buy-sides and 255 brokers across 92 exchanges worldwide.

Head-quartered in London and with offices in New York, Boston, Tokyo, Hong Kong, Paris, Toronto and San Francisco, Fidessa group serves around 22,000 users across 520 clients globally. Fidessa group was founded in 1981, has revenues of $270m, employs over 1,100 people and has been fully listed (LSE:FDSA) since 1997.

Press Contacts
The Americas – Lisa O’Reilly
Lisa.O'Reilly@fidessa.com
+1 212 269 9000

UK and Europe - Melanie Smith
msmith@latentzero.com
+44 (0) 20 7462 4232

FX Connect
Chip Lowry
celowry@globallink.com
+44 (0) 20 7864 7801

SPARX Communications (PR Agency)
Alastair Turner
alastair@sparxgroup.co.uk
+44 (0) 20 7487 8443