This Week: Trading Technologies, Goldman Sachs/Digital Asset, SimCorp/Citi and more
A summary of some of the past week’s financial technology news.
Trading Technologies to be acquired by 7Ridge
Trading software provider Trading Technologies (TT) has agreed to be acquired by 7Ridge, a growth equity firm invested in financial technologies. 7Ridge will fuel TT’s organic growth and enable the vendor to make targeted strategic acquisitions in the future. Cboe Global Markets and Singapore Exchange, which are among the limited partners of the fund managed by 7Ridge, have voiced their support of the transaction.
Under the new ownership, TT will
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