Alliances, Mergers & Acquisitions
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.
Thomson Reuters, MarketPsych Unveil Sentiment Index Update, Adding Bitcoin Data
The vendors are monitoring additional sources of news and social media specific to cryptocurrencies.
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.
Nasdaq, Sina Hail Data Deal as Step Towards Globalization of Chinese Investor Portfolios
Nasdaq looks to broaden distribution in China via Sina, then replicate the partnership in other Asia-Pacific markets.
Banks and Buy Side Ally for Desktop App Interoperability
Led by OpenFin, FDC3—which includes the likes of RBC, JPMorgan, AllianceBernstein, Citadel and Barclays—aims to create a common language for desktop app interoperability.
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.
SenaHill Taps Industry Vets Korhammer, Weil to Head Markets, Info Providers Sectors
Korhammer is best known for founding electronic equities trading platform Lava Trading, which was acquired by Citigroup.
The Curious Case of the Trader–Vendor
Tradeworx, now Thesys Group, is the latest in a series of firms that has decided to pull back from trading activities and focus on fintech. And it’s unlikely to be the last.
Thomson Reuters LPC, DealVector Ally for Bond Messaging
The integration will give LPC clients access to liquidity on DealVector's platform, and give DealVector clients access to data adn news from LPC.
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.
EDI ‘Solves’ for Real-Time Fixed Income Pricing
The alliance will provide real-time data parsed from client communications and submitted by market participants.
US and UK Regulators Join Forces on Fintech
FCA and CFTC sign agreement on fintech initiatives for cross-Atlantic firms.
Metamako, Redline Ally for Low-Latency Data
The agreement will provide mutual clients with access to normalized market data at the lowest possible network latency for a wide range of asset classes.
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.
TRG Licenses DART Terminal Usage Tracking Capabilities from Vela
Under the deal, TRG will sell Vela's DART Terminal Usage Analytics tool, though Vela will continue to provide support services and ongoing development.