Apax Partners has agreed to acquire the Treasury and Capital Markets division of Finastra, aiming to enhance its focus on risk management and capital markets technology.

Target Information

Funds managed by Apax Partners have reached an agreement to acquire the Treasury and Capital Markets (TCM) division of Finastra. This transaction will transform the TCM business into an independent entity, concentrating specifically on risk management and capital markets technology.

The TCM division serves over 340 financial institutions globally and is renowned for its essential solutions, including Kondor, Summit, and Opics. These systems play a critical role in trade lifecycle management, ensuring regulatory compliance, and enhancing the operational infrastructure for financial institutions worldwide.

Industry Overview

The capital markets industry is pivotal to the global financial ecosystem, encompassing a wide range of services that facilitate the trading of securities and the management of