Alliances, Mergers & Acquisitions
Bloomberg LP’s Fate Lies in Hands of Democratic Voters
With Bloomberg founder Michael Bloomberg confirming a run for president, Max ponders the possible outcomes if the data giant goes up for sale.
This Week: Goldman/Finos; JP Morgan/Baton; Caixa AM; IHS Markit
Catch up on some of the past week's financial technology news.
The Public Interest
Anthony explains why it's important to keep an eye on acquired firms long after the ink has dried on the deal.
After Fidessa Exodus, Some Users Brace For Trouble
WatersTechnology spent three months examining Fidessa to see what has transpired inside the vendor since the Ion acquisition. During a period of great change, a lot of questions—and worry—remain.
Confluence & StatPro: A Sign of the Buy-Side Times
Confluence has a big job ahead integrating StatPro’s various analytics tools.
Confluence Buys StatPro
For £161.1 million, Confluence has purchased StatPro. Both companies stand to gain more global clients, and users can expect new products meant to alleviate pain points felt by the buy side.
SS&C Advent Embraces AI for Product Development
The company is using machine learning and natural-language processing technology to enhance its Tamale and Geneva platforms.
HKEx Sees LSEG Hopes Crash on the Political Rocks Below
The LSEG has been involved in several failed international mergers over the last two decades, which begs the question: Is a merger even possible?
HKEx Shakes Up the Market with Proposed LSEG Takeover
If the HKEx–LSEG merger goes through, the LSEG–Refinitiv deal would be scrapped, creating an interesting ripple effect.
August 2019: The More Things Change
Mergers can be tricky, especially when it comes to the human equation.
Bloomberg Expands Regulatory Reporting Suite with RegTek Buy
Bloomberg hopes to offer wider reporting services for regulatory schemes across the globe.
Hundreds Leave Fidessa After Ion Acquisition
Current and former employees of the London-based software provider say around 400 employees have left in the last year.
Steele Buys Osprey to Build One-Stop Compliance Shop
Steele will bring Osprey's more internal-facing technology into its platform.
LSEG's Proposed Refinitiv Deal: It's About More Than Just Market Data
What does the bourse’s planned purchase of the data giant mean for clients and the industry going forward?
Moody's Acquires Buy-Side Risk Analytics Platform RiskFirst
The deal will help Moody's expand its pension-fund footprint in the UK, and for RiskFirst to expand in the US.
State Street Explores Deeper Data Integration with Charles River
The bank is looking to create a single security master so the same data flows through the system.
TRG Strikes Distribution Deal with Xpansion for Feeds Usage Monitoring
Officials say the move completes TRG’s lineup of tools to provide “one-stop shop” data usage monitoring.
People Moves: Symphony, Cboe, Pico, SEC, Avelacom, Predata, HKEX
A look at some of the key "people moves" from June 17-21, including Emma Wheeler [pictured], who joins Pico.
TRG Screen Buys Axon to Weld Policy, Compliance Skillsets
The two companies plan to capitalize on synergies and cross-selling opportunities by integrating Axon's data policy information into TRG's license and inventory management tools.
KRM22 Continues M&A Spree, With More to Come
The software provider has acquired Object+ and plans to grow more through acquisition in 2019.
Refinitiv Adds to Buy-Side Offering with AlphaDesk Acquisition
The deal lets the vendor add OMS functionality to its existing trading workflow.
Ion’s Deal for Allegro Worries Commodity Tech Specialists
Acquisition gives Ion a near monopoly in energy trading and risk software
Acquisitive Exchanges Find Dealmaking is Only Half the Battle
While the large-scale exchange mergers of yesteryear may be over for now, regional bourses are still finding themselves in the M&A crosshairs. Yet for those operators that pick up smaller rivals, technology and data integration often prove to be trickier…
Quodd Buy Creates ‘Full-Function’ Data Business for Acquisitive Financeware
The combination of Financeware's VMS division with Quodd's real-time data will provide a platform for the vendor to build a bigger data business.