ChartIQ, the US-based charting and white label platform provider, continues to gain traction in the capital market space with its recent strategic partnership with financial giant, Fidessa Group plc (LON: FDSA).
Together, ChartIQ and Fidessa have will bring a front-end interface to the Fidessa institutional trading desktop, available to 85% of the world’s largest financial institutions.
The Fidessa and ChartIQ partnership plays to both of their strengths—large market players turn to nimble, innovative fintech companies and achieve strategic product goals in less time, while benefiting from the added expertise around infrastructure solutions.
Dan Schleifer, CEO of ChartIQ says:
The relationship between Fidessa and ChartIQ highlights an important trend in the financial technology market—other 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 about two technology companies working together to integrate. We share the vision of the institutional desktop’s future—a future that will enhance the trader’s user experience and workflow all around.
Steve Grob, Director of Group Strategy at Fidessa comments:
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 visualization and analytical techniques are now allowing us to contextualize information right into the live trading workflow and we’re excited to be working with ChartIQ to deliver this to our own community.
This new partnership will extend the range of analytics already available to Fidessa’s trading platform customers, providing them with analyst reports, price targets, historical trade activity, transaction cost analysis and other proprietary information displayed in intuitive charts, available directly within the context of a trader’s workflow.