Fidessa group plc (LSE: FDSA) today announced that Sentinel, its buy-side compliance product, has been named Best Asset Management Solution at the Compliance Register Platinum Awards. The awards, which recognise exemplary service to compliance and regulation, are decided via a rigorous process of independent nominations, a vote conducted among the members of the Academy of Compliance Excellence and finally agreed by a panel of expert judges.
Fidessa's powerful compliance solution, Sentinel, includes a real-time engine that keeps pace with regulations through built-in rules for all major jurisdictions. Fully integrated with Fidessa's portfolio and order management systems, and covering the key regulations that are affecting buy-side trading and compliance workflows, Sentinel allows users to seamlessly add compliance into their decision making process.
Commenting on the award win, Robin Strong, Director of Buy-side Strategy at Fidessa, said: "With investment managers increasingly juggling the demands of regulators with the needs of their clients, we're committed to providing the best possible solutions to meet their requirements, particularly in these cost-conscious times. It is rewarding to know that this commitment, and our sustained investment in the product, has been acknowledged with this award, cementing Sentinel's position as the industry's choice for buy-side compliance."
Fidessa's Sentinel is available as a fully hosted and managed service, as well as an enterprise model. In addition to hosting and day-to-day operation of the system, the service delivery model offers new scope to reduce operational costs by taking responsibility for rule coding, regulatory updates, data management, list maintenance and platform upgrades.
The award was presented at The Compliance Register Platinum Awards ceremony held in London on 29th November.