FINANCIAL SOFTWARE SYSTEMS HAS BEEN ACQUIRED BY THE ION GROUP Financial Software Systems, a global provider of Treasury Management, Capital Market and Wealth Management solutions today announced the acquisition of the company by the ION Group, a global provider of trading, capital markets and treasury solutions and services. ION Group has acquired Financial Software Systems, a US provider of treasury management, capital market and wealth management technology. Financial terms of the deal were not disclosed. Founded in , Financial Software Systems serves banks, broker-dealers, corporates and fund managers around the world. Jan 18, · Fintech vendor ION Group has acquired Financial Software Systems, a US provider of treasury management, capital market and wealth management technology. Financial terms .
We believe the combination with ION Group will significantly enhance Financial Software Systems' ability Ion trading financial software systems serve our clients worldwide. The deal comes just a week after ION subsidiary Wall Street Systems acquired IT2adding to an already comprehensive treasury management systems portfolio.
In a Finextra blog post on the implications of that deal, Aite analyst Enrico Camerinelli flagged up several concerns about ION's conservative corporate culture and its effects for acquired firms.
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Jan 18, · Fintech vendor ION Group has acquired Financial Software Systems, a US provider of treasury management, capital market and wealth management technology. Financial terms . Jan 10, · In , the top 10 TRM software vendors accounted for nearly 67% of the global Treasury and Risk Management applications market which grew % to approach nearly $ billion in license, maintenance and subscription revenues. ION Trading led the pack with a 13% market share, following its acquisition of Reval while Murex was No.2, followed by FIS Global, Finastra (formerly . Latest articles for Ion Trading Systems. ION buys Financial Software Systems. 19 Jun ION Trading to provide Eris Exchange connectivity. News. News 28 Nov