Alliances, Mergers & Acquisitions
Wealth Management to Get a Tech Facelift?
The Bär-BAML deal may point to a sea change in the wealth management space as IT plays a large role in the acquisition.
Growing Pains: Bär–BAML Deal Highlights IT’s Role in Wealth Management Consolidation
Details of last week's agreement signal a steady rise in costs devoted to IT as acquisition activity in the space continues.
Japanese Bourses to Merge After Bid Success
TSE to take control over rival in Japan tie-up.
GH Financial Partners with CQG
Included among the offerings now open to GH Financials customers are those for market data, trade execution, and order management.
Thomson Reuters Completes FXall Acquisition
FX trading platforms combined as deal is finalized.
LCH.Clearnet Acquires IDCG
UK clearing house expands US presence with buy.
JonesTrading Acquires Conifer Securities
The deal opens up access to new services for both firms.
Thomson Reuters Extends FXall Offer
Information giant also agrees to settle class action lawsuit.
Sinara Moves Data Hosting to Interxion
The move to Interxion's London campus will allow the vendor and clients to cross-connect to data vendors and customers
Julius Bär Acquisition of BAML IWM to Incur Significant Tech Costs
Running parallel platforms, infrastructure upgrades, and migration will constitute a large piece of total transaction costs, estimated at CHF400 million ($411 million).
Swissrisk Financial Systems Rebranded After Takeover
Vendor renamed following acquisition by Dion in January.
NYSE Tech Extends Sidera SFTI Network Contract
Deal also expands the range of services Sidera will provide to exchange's network arm
VMware to Acquire Nicira for $1 Billion
Virtualization giant enters agreement to purchase SDN specialist.
Thomson Reuters, GFI and SDIC Form Chinese Brokerage
Application filed for FX and money group.
Orc, Blue Partner For Options Tablet
Tablet displays options market data for traders and market makers