Fidessa resilient as headwinds continue

Trading systems developer Fidessa delivered annual revenue growth of 6%, despite nervous financial markets, but believes that conditions will remain difficult for some time to come.

Trading systems developer Fidessa delivered annual revenue growth of 6%, despite nervous financial markets, but believes that conditions will remain difficult for some time to come.

"Conditions in the financial markets during 2011 were generally more difficult than many of our customers were anticipating, with a widely expected uptick in the second half failing to materialise as the euro zone crisis deepened," Fidessa explained.

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