Fidessa group has appointed Robert Thompson as president of North America, encompassing the LatentZero front office suite, to drive strategic development of its buy-side operations.

Mr Thompson will now act across the Fidessa group in the Americas, where he has been COO of its sell-side operations for the last 14 years.

The move is set to consolidate Fidessa’s position serving both the buy- and sell-sides of the market while sustaining momentum across the region.

Mr Thompson said: “The combination of Fidessa’s buy-side and sell-side operations provides unique benefits to our customers. As we continue to increase the level of integration between the two sides of the business we will seek to enrich the customer experience by adding value, insight and innovation to all of our solutions.”

Paul Nokes, global buy-side CEO at Fidessa, said: “Robert brings a wealth of experience from almost 17 years in the Fidessa group covering project management, account management and operations. We believe he is the right person to take our North American buy-side business unit forward from its current position of strength to a new level of maturity.”

Fidessa, a provider of trading, compliance, market data and connectivity solutions for the buy-side and sell-side globally, serves 25,000 users across 850 clients around the world. Its network provides connectivity to 2,400 buy-sides and 530 brokers across 130 markets globally.