First Derivatives (FD), a provider of software and consulting services, has acquired the entire issued share capital of QuantumKDB in a deal worth up to up to GBP2.2 million. The acquisition provides the Group with complementary consultancy expertise to support
Markit is to acquire the position reconciliation technology assets of DTCC Loan/SERV (Loan/SERV), a subsidiary of The Depository Trust & Clearing Corporation (DTCC). Nearly 400 asset managers representing approximately 6,000 funds in the global syndicated loan market use the Loan/SERV
Neuberger Berman has acquired an investment team that manages collateralised index-based options portfolios that seek to capture global volatility premiums, from Horizon Kinetics. The team’s investment track records, proprietary research and client assets have also transferred to Neuberger Berman.
Independent institutional and private client service provider JTC has extended the capabilities of its Cayman Islands office to offer a broad range of fund administration services, following the completion of its acquisition of GAM’s Cayman Islands fund administration business. Having
Accenture is to acquire Formicary, a provider of consulting and systems integration services for trading platforms in the UK and North America. Accenture believes the acquisition will further strengthen its capabilities in helping banks, asset managers, hedge funds and clearing
Sun Hung Kai Financial (SHKF) announced it has closed on its acquisition of 100 per cent of UK specialist brokerage and research firm North Square Blue Oak Limited (NSBO), following strategic cooperation between the two parties that started in early
Fiduciary and administration provider, Estera, has acquired the Heritage Financial Services Group (HFSG), an independent business providing third party fund administration, depositary, trust and corporate services in Guernsey, the UK and Malta. The transaction is subject to regulatory approvals, following
Mergermarket Group has acquired Creditflux, a provider of intelligence, analysis, data and events covering CLO and credit fund pricing, investments, trading and returns. The acquisition accelerates the global expansion of Mergermarket Group’s extensive real-time fixed income intelligence and data provision. The
Aberdeen Asset Management has completed its acquisition of Arden Asset Management (Arden), a provider of hedge fund solutions with offices in New York and London, on 31 December, 2015. This acquisition grows Aberdeen's global alternatives platform, which encompasses multi-manager research,
ALPS Fund Services is to expand its Denver-based hedge fund administration business with the acquisition of Kaufman Rossin Fund Services (KRFS), an independent, full-service provider of specialised administration services to the financial community. Established in 1994, KRFS has offices in
