DART Sold To AFA Systems, Barber Joins AFA Board
VENDOR UPDATE
LONDON--Data Analysis Risk Technology (Dart) has been sold to AFA Systems in an all-share deal worth around £26 million, and John Barber, managing director of DART, will join AFA’s Board as an executive director.
AFA believes that the acquisition of Dart will enhance AFA’s business with banks and major corporates, and Dart’s products will be integrated with AFA’s.
Dart is a London-based derivatives technology subsidiary of Intercapital Group Ltd. The vendors of Dart have undertaken not to sell any
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