City Index selects Fidessa Workstations

London-based City Index, a market-leading provider of spread betting and contracts for difference (CFD) trading, selected Fidessa Workstations from London-based Royalblue (LSE:RYB) to provide a business continuity service to support its mission critical continuity plans. City Index has taken twenty-five Fidessa Workstations for its business continuity requirements in addition to seventeen positions for real-time market data and execution services which replaced several Reuters terminals within its London trading floor. Chris Barker, CTO at City Index, comments: “We now have a fully active disaster recovery solution in place and Fidessa is an integral part of our strategy. If we have to move to another location due to a disaster, our traders will continue to trade using the Fidessa Workstation business continuity service.”

The Fidessa Workstation business continuity service provides market data without the need for any additional on-site infrastructure. The service offers an alternative source for critical real-time or delayed data that can be used in the event of any disaster, including failure or unavailability of another product. Provided that there is internet access, the Workstation business continuity service can be deployed immediately and be used from any location.

-read more in this news release; and see City Index Web site