Acquisition
Preparing for M&A
While banks all over the world were faced with plummeting profits and drastic cost-cutting activities following the start of the financial crisis, banks down under led a life of their own. Australian banks have remained strong through turbulent market…
Sybase acquires Aleri to strengthen CEP capabilities
Sybase, a provider of enterprise and mobile soft ware, has finalised an asset purchase agreement with Aleri, a provider of enterprise-class complex event processing (CEP) technology and CEP-based solutions. CEP plays an integral part in real-time…
State Street extends alternative investment capabilities through Mourant acquisition
State Street Corporation is to expand its global fund administration and alternative servicing capabilities with the acquisition of Mourant International Finance Administration (MIFA). Based in Jersey (Channel Islands) with approximately $170 billion…
Kurtosys buys FundWorks in strategic growth move
Kurtosys Systems, the London-based provider of client reporting technology and services to the alternative asset management industry, has acquired FundWorks Global Limited, also a provider of client reporting software, but with a more traditional asset…
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.