Thursday, August 13, 2015

Objectway Acquires Back Office Solutions BETA Global From Thomson Reuters

Objectway, a leading provider of software and services to the EMEA investment management industry, has signed a definitive agreement to acquire BETA Global from Thomson Reuters. Financial terms of the deal were not disclosed. 

BETA Global is a European wealth and investment transaction processing system owned by Thomson Reuters, the world's leading source of intelligent information for businesses and professionals. The deal is expected to close immediately. 

Founded in 1990 and based in Milan, Italy, Objectway is a privately held company specializes in investment management and digital software solutions to the EMEA financial services industry. The company is the clear leader in Italy and among the top European players in the development and production of software platform and business services for the EMEA financial services industry. Objectway's platform supports the activities of more than 100,000 investment managers and private bankers and handle over 1 trillion euros of assets.

BETA Global is a wealth and investment processing system available via a service bureau or a client-hosted solution. BETA Global provides integrated real-time processing for global securities processing, which trade capture, enrichment to confirmation, settlement and accounting. BETA Global's front-to-back office solution, which marketed as Total Wealth Solution or TWS, is currently used in the UK market by leading wealth and investment management firms.

Luigi Marciano, Objectway CEO, said in a statement: “Objectway is delighted to add the BETA Global platform to our solution offering“, and also added that: "The system’s unique capabilities, integration with eXimius, and vote of confidence by some of the UK’s most successful wealth management firms make BETA Global a strategic and exciting addition to our wealth management suite. There will be distinct advantages for our clients by having both ‘halves’ of the front-to-back Total Wealth Solution under the same Objectway roof.”

Image Credit: International Banker

No comments:

Introducing A Great Place To Find A Job

The marketplace where tech companies compete to hire you. Meet 5 to 15 top companies in one week with salary info upfront. You’re in demand. Shouldn’t companies you love come to you with offers upfront? We think so. That’s why Hired is changing the way you find your next job with a faster, more transparent job search process built specifically for Python Programmers, RoR Developers, Java Programmers, Software Engineers, Big Data Scientists, Data Scientists, DevOps, UI/UX Designers, Product Managers, and Web Developers.

Hired is the first two-sided marketplace created specifically for Engineers, Data Scientists, Designers and Product Managers who are overwhelmed with job opportunities.

We believe recruiting should be transparent, unbiased, and that the talent should be in control. Our one week “auctions” provide upfront offers from vetted and funded companies, dedicated talent advocates, and a $2,000 signing bonus.

Our mission is to make hiring, or getting hired, less painful. Hired.com: A Whole New Recruiting Model.


THE PREMIER MARKETPLACE FOR TECH TALENT
BEGIN THE NEXT CHAPTER IN YOUR CAREER TODAY


Learn More: GET HIRED!

VMware: Virtualizing the Entire Data Center



Virtualizing the Entire Data Center by: VMware, The World's Leader in Virtualization and Cloud Infrastructure

VMware vSphere Essentials delivers the industry-leading virtualization platform for small businesses at an affordable price. Small businesses can virtualize their physical servers and centrally manage these servers, reducing hardware costs and increasing operating efficiency with a low upfront investment.
Provides cost-effective server consolidation and management for small offices

Learn more about the VMware vSphere Essentials