Misys, D+H Complete Merger to Launch Finastra
Former Misys CEO Nadeem Syed to take the helm of the newly-minted software vendor following the completion of the merger between Misys and D+H.
Finastra’s capital markets and investment management solution portfolio will focused on core products developed by Misys, including its flagship risk and portfolio management and multi-asset trading systems, FusionCapital, FusionInvest and FusionRisk. The vendor’s offering will be bolstered by D+H’s stable of lending and payment technology tools.
The new company will be headquartered in London, with a North American base located in Toronto, and will be led by incumbent Misys chief executive, Nadeem Syed.
“By coming together as Finastra, we are committed to enhancing our ability to deliver market-leading products and services, and to being an even more strategic partner to our customers,” said Syed. “We will build momentum, delivering innovative and transformational products and exceptional service.”
The merger between Misys and D+H was first announced in March this year, after Vista Equity Partners, owner of Misys, announced a $2 billion deal to acquire the Canadian software house with the intent to merge the two entities.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
The GPU compute index race begins
Major exchanges are partnering with a new crop of benchmark providers to create a tradable asset class around GPU compute.
Agents are invading. Will it stick?
The Waters Wrap: Agentic features are becoming commonplace in the workflow tools of capital markets. Nyela wonders if the trend is sustainable.
TS Imagine launches new agentic platform
TSIQ can act based on client queries, using built-in agent “personas” that can be modified by users on a case-by-case basis.
BBH’s new tech affiliate, Broadridge’s tokenization platform, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
Waters Wavelength Ep. 358: Tradeweb’s Chris Bruner
This week, Tradeweb’s chief product officer joins the podcast to discuss fixed income, prediction markets, agentic AI, and overnight trading.
Can AI beat exceptions out of the back office?
The Waters Wrap: Agentic AI can help operations teams tackle exceptions. But first, they need to get their house in order, writes Wei-Shen.
Banks brace for higher costs as chip memory runs short
A recent report from Gartner shows the price of memory is rising, putting the squeeze on firms eager to adopt AI.
Manuela Veloso on how banks can make their AI dreams reality
Former JP Morgan head of AI research says open-ended enquiry will unlock technology’s full potential.
