TFG Financial Systems to Acquire RTS

manhattan-new-york-skyline-dawn-chrysler-empire-state-building
TFG Financial Systems acquires RTS to accelerate US market expansion.

TFG, which is headquartered in the UK, is planning on expanding its global footprint by bringing its private cloud-based portfolio risk management platform to the US. The acquisition of RTS will help to realize this goal while further enhancing the platform's capabilities.

"The consolidation of these innovative companies combines two world class teams of financial engineers and technologists with highly complementary skills," says Barry Fenwick, current CEO of RTS who will be heading the newly-formed company after the merger. "The market for our collective technology and risk expertise continues to grow driven by increasing regulatory oversight and capital constraints, as well as the significant growth in the asset management industry. Together, we can deliver an even better service to our clients and provide new opportunities for our employees."

Following the merger, Jim Rogers will become COO of TFG, responsible for growing the solutions business globally.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here