Swiss private bank Pictet & Cie has joined Fidessa group's global connectivity network. Fidessa group provides trading systems, market data and global connectivity for the buy-side and sell-side.
Fidessa’s connectivity network links more than 2,400 buy-side institutions to more than 550 brokers and 140 plus markets across EMEA, Asia Pacific and the Americas. Its network now carries executed order flow of around $700bn each month.
Fidessa claims that by joining its global connectivity network Pictet will be able to extend its trading business by attracting international flow.
Fidessa managing director for connectivity Simon McDowell said Pictet is joining a growing community of Fidessa buy-side and sell-side customers in Switzerland, including EMS Workstation users, global connectivity network members and trading platform clients, who regard Fidessa as a key strategic partner for achieving their business goals.