Fidessa bags LatentZero for £63 million
In a deal that both sides say will add value to their business, LatentZero will continue to operate independently as a wholly-owned subsidiary of the Fidessa group.
"I have felt for some time that this would be the next natural strategic move for us within the marketplace," LatentZero's co-founder and chief executive Richard Jones told Buy-Side Technology. "Fidessa is an organisation we've known for some time and they happen to have a lot of the things that we would be looking to put in place
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
Compute is leaving land. Recoverability isn’t following.
The limits of land may push datacenters to the ocean or even outer space, writes Vishal Gupta. But these options introduce new challenges.
Who’s counting the agent army?
The Waters Wrap: Agents are growing faster than the controls to manage them. Wei-Shen says that as firms struggle to measure their returns on investment, it may come down to who foots the bill.
Asia’s T+1 journey splinters as Hong Kong delays and Malaysia mulls
APAC markets are setting their own timelines for shorter settlement, while Deutsche Bank proposes an “earlier certainty” mechanism to ease the cross-border strain.
DTCC launches tokenization service, TRG Screen debuts market data terminal monitor, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
JP Morgan retools Isda’s CDM for an AI world
The trade repository runs on a niche programming language, to which the bank has made new contributions that could help raise adoption.
The SEC’s innovation exemption is facing its first test
Waters Wrap: With more than 20 issuer companies submitting objections to OKX and ICE’s new joint venture for tokenizing stocks, Nyela wonders if some cracks are starting to show in the regulator's innovation exemption.
Tokenization moves into production at US banks
US banks are putting tokenization to work across payments, settlement and funds.
LSEG buys Octus, Tradeweb buys Trumid, Standard Chartered acquires custodian Zodia, and more
The Waters Cooler: A recap of the major tech and data news from the past week in the capital markets.
