Leading Middle East investment bank EFG Hermes joins Fidessa's network

Notes and media contacts

About EFG Hermes Securities Brokerage
EFG Hermes Securities Brokerage enjoys market leadership in five direct markets and six indirect markets throughout the Middle East and North Africa.

The firm's direct presence in Egypt, UAE, Saudi Arabia, Oman and Kuwait allows it to provide an unparalleled diversity of products and services to more than 32,000 retail and high-net-worth clients and over 600 global institutional investors.

The group has consistently maintained its position as the highest-ranking securities brokerage in Egypt by market volume.

In the UAE, it was ranked number one on the DFM and ADX in 2008 and has maintained a leading position on the DIFX.

The firm in 2008 was ranked first among the 20 independent brokerage companies in Saudi Arabia, while in Kuwait and Oman it was among the top three brokers in spite of its having only recently established a physical presence in the two markets.

About Fidessa group
Fidessa group is the leading supplier of multi-asset trading, portfolio analysis, decision support, compliance, market data and connectivity solutions for firms involved in trading the world's financial markets. Fidessa's products and services are built on the simple vision of making it easier to buy, sell and own financial assets of all types on a global basis.

A dynamic, growing company with a proven track record, Fidessa is recognised as the thought leader in the marketplace, with an unrivalled set of products and services which set the benchmark for this industry and, uniquely, serve both the buy-side and sell-side communities globally.

With 28 years' experience delivering powerful, resilient, mission-critical systems, Fidessa develops all its products itself from the ground up, investing heavily in their continual evolution. The resulting leading-edge, truly integrated solutions have established Fidessa as the industry's number one choice, and are used by over 85% of tier-one, global financial institutions.

Headquartered in London and with regional operations across Europe, North America, Asia, and the Middle East, Fidessa supports over 24,000 users across 730 clients, serving a broad spectrum of customers from major investment banks and asset managers through to specialist niche brokers and hedge funds.

Fidessa group is listed on the London Stock Exchange (symbol FDSA) and is a FTSE 250 company. Fidessa has a turnover of around £200m, has delivered 30% compound growth since its 1997 listing and now employs 1,400 people globally.

For further information, please contact:
Simon Barnby
Fidessa
+44 (0) 20 7105 1250

Edward Manley
Regional Manager - Middle East & Africa
Fidessa
+ 973 1750 2864

Alastair Turner
Aspectus PR (PR agency)
+44 (0)20 7182 4865