Alliances, Mergers & Acquisitions
SunGard, PerTrac ally to support FOHFs
Global software giant SunGard has partnered with PerTrac Financial Solutions, a NY-based provider of front- and middle-office technology, to create a more complete offering for funds of hedge funds (FOHFs) and their administrators.
Blue Systems first to deliver Xinhua news to mobile users
Blue Systems, the London-based provider of global financial information software, and Xinhua Finance, a China-based financial information provider, have struck a partnership that will deliver real-time financial market news on Blue Systems' market data…
Paladyne integrates NumeriX pricing models
New York-based hedge fund technology provider Paladyne Systems has partnered with pricing and risk analytics specialist NumeriX to enable its clients to better price complex securities.
CMA cashes out to CME Group
In a significant deal for the buy side, CME Group announced late last month that it had acquired Credit Market Analysis (CMA), a London-based technology vendor which provides credit derivatives market data exclusively to asset managers and hedge funds.