Acquisition
Instinet agrees to acquire TORC Financial
Instinet, the New York-based provider of electronic trading and agency-only brokerage services, has agreed to acquire the business and assets of TORC Financial, a provider of derivatives trading technologies.
Advent moves into research management space with Tamale acquisition
Advent Software is expanding into the research management solution (RMS) arena through its planned acquisition of Tamale Software, a developer of centralised front-office workflow and research tools.
Omgeo acquires Allustra for collateral management
Post-trade operations provider Omgeo has acquired Allustra, a small London-based provider of collateral management software. The acquisition, the financial details of which have not been disclosed, is part of Omgeo's strategy to broaden its reach beyond…
FolioDynamix acquires SunGard investment unit
FolioDynamix, a New York-based unified managed account (UMA) technology developer, has bought SunGard's SunGard Advisory Technologies (SAT) business unit. SAT develops investment and wealth management technology platforms, and has a client base of…
Markit completes SwapsWire acquisition
Markit, has completed the acquisition of SwapsWire, the electronic trade confirmation network for the OTC derivative markets. Markit expects to complete the full integration of the firm some time this month (July). The integrated Markit Trade Processing …