Finastra acquires Olfa Soft SA
• Delivers unique end-to-end eFX trading platform for banks’ treasury departments
• Investment demonstrates Finastra’s continued commitment to innovation and growth
(firmenpresse) -
London, UK and Toronto, Canada, 30 January 2018 ments.
Nadeem Syed, CEO at Finastra said,
Finastra has collaborated with Olfa Soft since June 2017 and has already seen significant interest from the market. Now, as one combined company, we can ensure even tighter integration of the FusionCapital Treasury solution suite with the Olfa Soft Seamless FX platform. Treasurers are able to manage FX positions and exposures in real-time with a single user experience, providing deeper insight across the entire trade lifecycle and mitigating operational risk end to end. As well as offering direct access to 48 liquidity providers, straight-through-processing (STP) capabilities in the platform mean treasurers can act faster in response to changing market conditions and benefit from a competitive edge where milliseconds count.
Based in Geneva, Switzerland, Olfa Soft specializes in the field of trading platform design and integration, providing seamless FX services. The company is a natural fit for Finastra given its complementary solutions and customers.
Fabrice Benouaich, Co-Founder and CEO at Olfa Soft said,
Olivier Virzi, Co-Founder and COO at Olfa Soft SA said,
Nadeem added,
The combined eFX trading solution is already available and will be delivered as a micro-service on the Finastra FusionFabric architecture, adding value for capital markets clients who prefer a cloud-based approach.
Olfa Soft SA was advised by Investment Bank Rochefort & Associates on the transaction.
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Caroline Duff
Senior PR Manager, Global, Finastra
T: +44 (0)20 3320 5892
E: caroline.duff(at)finastra.com
Datum: 30.01.2018 - 08:22 Uhr
Sprache: Deutsch
News-ID 1532029
Anzahl Zeichen: 3644
contact information:
Contact person: Leah Wood
Town:
Lincoln
Phone: 1522883640
Kategorie:
Computer & Software
Typ of Press Release: bitte
type of sending: Veröffentlichung
Date of sending: 30/01/2018
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