Tier1 Financial Solutions, a provider of client relationship management (CRM), AML compliance and fraud prevention solutions, has acquired Satuit Technologies, a specialist in asset management CRM software solutions. The acquisition allows Tier1 to accelerate its expansion into the buy-side and
Backstop Solutions Group, provider of a cloud-based productivity suite for institutional and alternative investors, has acquired ProTrak International, a provider of a client relationship management (CRM) solution tailored specifically to the needs of asset managers. ProTrak has served the investment
MJ Hudson, the specialist service provider to the asset management industry, has acquired risk management and reporting automation specialist, Clarus Risk (Clarus). This acquisition follows the December 2020 acquisition of fund performance analytics firm, PERACS. The acquisition further extends the
Wells Fargo’s alternative investment feeder fund platform, which supports a full suite of alternative investment solutions including hedge funds and direct private investments, is to be acquired by iCapital Network.Read the full story at Wealth Adviser…
Following regulatory approval from the FCA, JTC has completed the acquisition of INDOS Financial, as announced in February 2021. INDOS Financial builds on JTC’s well-established fund services capabilities and will allow the Group to offer enhanced governance and technical
Global fintech Gresham Technologies (Gresham), a specialist in providing real-time solutions for data integrity and control, banking integration, and payments and cash management, is to acquire post-trade automation specialists, Electra Information Systems, (Electra). Read the full story at Institutional Asset
CI Financial Corp is to acquires full ownership of alternative fixed-income investment firm Lawrence Park Asset Management (Lawrence Park). CI currently holds a minority interest in Lawrence Park, a Toronto-based alternative asset manager founded in 2011. Lawrence Park manages approximately
Abry Partners-backed Options Technology, a provider of IT infrastructure to global Capital Markets firms, has closed on its acquisition of Fixnetix, a DXC Technology Company. Financial terms of the agreement have not been disclosed. Fixnetix provides outsourced front-office trading
TMX Group subsidiary Trayport Limited (Trayport) is to acquire Tradesignal, a provider of rules-based energy trading and analysis solutions. “The acquisition of Tradesignal is another milestone in our growth strategy, as we continue to focus on meeting the increasing market
Validus Risk Management (Validus), an independent financial risk management and advisory firm, has acquired La Financière Constance (LFC), an investment company with a strong focus on quantitative and derivatives-based strategies, with offices in Montreal and Toronto. The acquisition will form
