Cygnifi is alive and kicking

ACQUISITIONS | ANALYTICS FIRM SNAPS UP CYGNIFI TECHNOLOGY

NEW YORK -- In February this year, Suite LLC, a New York-based analytics provider to buy- and sell-side institutions, acquired technology from ill-fated JP Morgan Chase spin-off Cygnifi. This comprised pricing, hedging, portfolio management and market and credit risk management tools for all interest-rate derivative products, along with the company’s trademarks, branding, copyrights and patents. This was after Cygnifi closed its doors in November 2001 due to a combination of cashflow difficu

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