Luxoft is to acquire derivIT, a Singapore-based financial services-focused technology consulting provider. derivIT provides experience of leading platforms in credit and risk management and capital markets. The completion of the transaction is subject to approval by the Reserve Bank
Smith, Graham & Co Investment Advisors, a USD6 billion institutional solutions based asset manager, has acquired the Five Mile Capital Partners’ residential mortgage team, an alternative investment manager, led by Brian Tortorella, managing director. The acquisition will further strengthen SGIA’s focus
Broadridge Financial Solutions has extended its global post-trade control capabilities for sell-side and buy-side firms in capital markets through the acquisition of Message Automation, a provider of post-trade control solutions. "Broadridge is a global leader in driving technology innovation and
Risk technology specialist Numerix has acquired TFG Financial Systems, a real-time risk, P&L and position management system. TFG’s dependency graph capabilities, at the heart of its SaaS risk and portfolio management software and technology framework, will be leveraged to provide
The European Energy Exchange (EEX) is to acquire US-based Nodal Exchange for a low triple digit million US-Dollar investment. As a result, Nodal Exchange will become part of EEX Group. Nodal Exchange, headquartered in Virginia, is a regulated futures
Bitcoin exchange Kraken has acquired charting and trading platform Cryptowatch, which is used by traders to chart over 150 markets in real-time and trade up to 22 digital assets. Cryptowatch has seen rapid growth in the past two years, increasing
Accountancy firm MHA MacIntyre Hudson has acquired KP Audit, a provider of audit services to the investment management industry, including hedge funds, asset management firms and captive insurance companies. Founded in 2005, KP Audit has a professional staff of 20
Singapore Exchange (SGX) has secured court sanction for its acquisition of Baltic Exchange. The court sanctioned its proposed scheme of arrangement under Part 26 of the UK Companies Act. The acquisition is expected to be completed on 8 November
Moody Aldrich Partners (MAP) has acquired substantially all of the assets of Pittsburgh-based kWantix Trading and kWantix Trading Advisors. In addition, MAP has entered into a long-term technology licensing agreement with kWantera, a Pittsburgh-based power market decision intelligence firm.
Wealth managers Rathbones and Smith & Williamson are in talks to agree a merger which will create a GBP55 billion wealth management firm. Rathbones will effectively take over Smith & Williamson as the larger firm which manages GBP36 billion, against
