Fidessa has launched ‘LatentZero as a Service', a fully managed service for the buy-side front office. LatentZero as a Service provides a fully managed end-to-end service, and is designed to enable asset managers of all sizes to access products for compliance, order and execution management and decision support across all asset classes, with reductions in the total cost of ownership. The SaaS model can improve customer return on investment, as the implementation is often quick, low risk, and at a lower and fixed cost.

Fidessa LatentZero provides day-to-day operations, data management and support services, in order to enable customers to achieve similar best practice workflows, operational control, quality and efficiencies as the larger firms in the industry.  A firm's size and lack of IT infrastructure can be barriers to investing in comprehensive front office and compliance systems.

A monthly fee provides access to LatentZero as a Service, which covers infrastructure management, encompassing hardware, software, hosting, market connectivity, training and upgrades, all underpinned by SLAs. The service includes pre-built regulatory compliance rules for global markets, market connectivity to over 400 brokers and ATSs and integration with customers' back office systems. The service is delivered from dedicated and wholly owned hardware located in Fidessa's eight data centres in North America, Europe, Asia and Japan.