This Week: Numerix/Genstar, Overbond/TMX, Six and more

A summary of the latest financial technology news.

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Numerix acquired by Genstar Capital

Numerix, a provider of a variety of risk management tools geared toward the capital markets, has been acquired by private equity firm Genstar Capital. Numerix has 19 offices, 225 clients and 90 partners, globally. Genstar invests in companies in the financial services, software industries, industrials and healthcare sectors.

“For over 20 years, we have worked tirelessly to provide the most sophisticated analytic and technology solutions available to capital

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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.

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