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This Week: LSEG/Quantile, Ice, Morningstar/Sentifi, SimCorp/FundApps, and more

A summary of some of the past week’s financial technology news.

LSEG acquires Quantile  
 
The London Stock Exchange Group (LSEG) has agreed to acquire Quantile Group and pay a maximum aggregate consideration of up to £274 million ($354 million) to Quantile’s shareholders. The acquisition will allow LSEG to expand its post-trade risk management solutions. 
 
Founded in 2015, Quantile provides portfolio, margin, and capital optimization and compression services for the financial services market. Quantile’s optimization engine provides advanced trade

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DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

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