Omnesys Acquires Majority Stake in Harsa

Buildings and road in Bangalore in India
Bangalore-based Omnesys will combine its front office tech with Harsa's back office offering for an end-to-end solution.

Bangalore-based Omnesys Technologies has acquired a majority stake in wealth management and back office software vendor Harsa IT Solutions.

With the acquisition, the financial terms of which were not disclosed, Omnesys will combine its front office trade and execution, market data and connectivity technology with Harsa's to provide an end-to-end offering for brokers.

Based in Chennai, details on employee movements from Harsa were also not disclosed. Nest Plus, from Omnesys, is used on a local or software-as-a-service basis. The National Stock Exchange of India holds a 26 percent interest in the company.

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