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CMA cashes out to CME Group
In a significant deal for the buy side, CME Group announced late last month that it had acquired Credit Market Analysis (CMA), a London-based technology vendor which provides credit derivatives market data exclusively to asset managers and hedge funds.
Wealth manager automates client billing with Advent Revenue Center
Parsec Financial Management, an Asheville, NC-based wealth management firm with more than $900 million under management, is live on Advent Software's client billing and revenue management system, Advent Revenue Center, to reduce reliance on manual back…