Acquisition
IHS Markit to Buy Ipreo, Sell Key Derivatives Unit
Vendor will reposition financial businesses with move into alternatives and away from derivatives processing.
Quandl Launches Corporate Jet Dataset for Predicting M&A Activity
Officials say the dataset of corporate flights provides an indicator of upcoming corporate activity thta could potentially impact a company's stock price.
Metamako Buys xCelor’s Hardware Ops to Grow Switch Business
Officials say the deal will allow xCelor to focus on its network applications business, while Metamako will take over the provision of underlying switching technology, expanding its own FPGA switch business. Wei-Shen Wong reports.
IHS Markit Boosts French Presence with DeriveXperts Acquisition
Purchase of derivatives valuation provider bolsters derivatives data business and reach into French-speaking Europe.
NEX CEO Sees Opportunity for Opportunities after CME Deal
Executive says he expects CME group to continue investing in fintech startups after takeover.
Confluence to Seek Acquisitions Following Majority Investment
TA Associates’ majority investment deal with Confluence includes a push toward inorganic growth.
The Insurgents: Fintechs Are Knocking Off Incumbents
Anthony Malakian says that in just the first two months of 2018, some big headlines are proving just how effective fintechs are at competing with the big players in the capital markets space.
Waters Wavelength Podcast Episode 112: A Look at How Fintechs are Being Disruptive
The past two weeks have seen some major announcements that point to fintechs being even more disruptive than in years past.
GTCR Agrees to Sale of Dash Financial
Flexpoint Ford is backing a management buyout of Dash Financial Technologies from private-equity firm GTCR.
S&P Global Makes $550 Million Bet on AI with Kensho Buy
Information giant will pick up Goldman Sachs-backed AI startup for over half a billion dollars.
The Big Crunch: Traditional Tech’s Great Contraction
Waters examines how this recent wave of consolidation is different than previous periods of contraction.
Waters Wavelength Podcast Episode 110: An Examination of the Temenos-Fidessa Deal
Victor Anderson, editor-in-chief of Waters, joins the podcast to discuss Temenos’ potential acquisition of Fidessa.
Fintech Fever Grips M&A with Fidessa Acquisition Offer
Temenos looks set to snap up the London-based vendor with a billion-pound deal as 2018 becomes white-hot for mergers and acquisitions.
Fidessa and Temenos—A Bold Move
WatersTechnology's editor-in-chief on the proposed Temenos-Fidessa deal, CEOs-turned-cricket umpires, and fintech maturity.
ION's Openlink Acquisition Shows Deeper Strategic Moves at Work
The Openlink deal is the latest in a string of acquisitions by ION as it consolidates power in treasury, derivatives and commodities, with the help of Carlyle Group.
Waters Wavelength Podcast Episode 107: An Examination of the Thomson Reuters-Blackstone Deal
Anthony, James and Max Bowie dig into the Thomson Reuters-Blackstone announcement and try and figure out the winners and losers, industry-wide.
Thomson Reuters, Blackstone Agree $20B Financial & Risk Unit Spin-Off
Thomson Reuters has agreed to sell its Financial & Risk unit to a new company minority-owned by the vendor and majority owned by a consortium led by Blackstone Group.
Finastra Buys FX Platform Provider Olfa Soft
Finastra will combine Olfa Soft 's Seamless FX platform with its FusionCapital Treasury solution.
Thomson Reuters in Talks to Sell Stake in Financial & Risk Unit
The vendor confirms it is in discussions to sell a portion of the financial data business it acquired in 2007 as a result of Thomson Corp.'s purchase of Reuters.
Tradeworx Sells Trading Arm to Focus on Fintech
The company renamed itself Thesys Group and will focus on growing Thesys Technologies.
Goldman Leads $38 Million Funding Round for Visible Alpha
Fintech firm to complete integration of Alpha Exchange and expand into Europe and Asia, with eye on potential further acquisitions.
TRG Buys Screen, Creating Global Data Cost Management Vendor
The combined vendors will be able to offer a range of products for different client types and use cases.
Chicago Code: A Profile of DRW's Seth Thomson
Seth Thomson, CIO of DRW, talks to Waters about his career, innovation and how the firm has expanded into new asset classes, including cryptocurrencies.
Northern Trust Buys Omnium Technology Development from Citadel
The deal is expected to close in the first half of 2018.