Acquisition
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 …
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.
Swapswire off the Markit as acquisition is signed
Markit, the London-based provider of data, valuations and trade processing technology for OTC derivatives, is to expand its post-trade expertise by acquiring SwapsWire, the provider of OTC derivatives confirmations. The amount paid for the acquisition…
Users undecided on Thomson-Reuters deal
User organisations are undecided in their response to the proposed takeover of Reuters by Thomson Corporation, although positives likely to result from the merger include low product overlap and the combined entity's ability to take on rival Bloomberg…
Fidessa bags LatentZero for £63 million
London-based sell-side vendor Fidessa, formerly known as royalblue, has pulled off something of a coup by acquiring one of the leading lights in the asset management technology space, front-office soft-ware vendor, LatentZero. The deal is reported to be…