Brewin Dolphin, the UK private bank, has chosen to replace its incumbent market data workstation, Thomson Markets, with that of Fidessa, the London-headquartered  systems and trading platform provider.

Fidessa’s workstation, which has been deployed to around 700 users at Brewin Dolphin, provides access to real-time international equity prices, world indices, sectors, derivatives, commodities and foreign exchange rates as well as financial news and market commentaries from the Dow Jones news agency. Additionally, users receive company background and fundamental data, along with broker estimates and recommendations, Fidessa said in a statement.

"We have been a client of Fidessa's since 2005, and the strong relationship between the two firms was a key factor in considering its market data workstation. However, it was the depth of the market data, the functionality and the competitive price that were the deciding factors. In addition, users were extremely comfortable with the look and feel of the product which will help ensure a smooth transition onto the service," said David McCorkell, director and head of investment management at Brewin Dolphin.

Fidessa, which globally serves 22,000 users across 630 client firms, has offices in New York, Boston, Tokyo, Hong Kong, Paris, Toronto, San Francisco and Bahrain. Founded in 1981, the firm currently employs 1,400 people.