ITRS Buys Capacity Management Firm Sumerian

The acquisition follows a nine-month partnership between the two firms.

London skyline

“We were keen to do an acquisition,” says Guy Warren, CEO at ITRS. “Sumerian was a great fit. We would probably have written the software if we hadn’t come across the company.”

Sumerian’s software complements ITRS’ product suite, Warren says. The technology takes large-scale data from ITRS’ Geneos and other monitoring tools into a predictive analytics engine which recommends optimizations, uses machine learning to predict future issues and quantifies business risks through best-in-class

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Broadridge rethinks the OMS

Through its partnership with Glue42, Broadridge is bringing together the best components of its agency trading and market-making solutions.

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