Sophis acquisition to bring Asian buy-side benefits for Misys
Misys' acquisition of Sophis is expected to bring particular benefits for growing both businesses in Asia, according to a senior Sophis official.
Misys agreed to buy Sophis, a global vendor of capital markets software solutions, for €273 million ($370 million), with a further €5 million payable on closing, subject to Sophis's performance. Misys is financing the acquisition with the sale of shares, new credit facilities and convertible bond issuance. The acquisition is subject to Misys'
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Technology
Risk Management
After bruising EU model review, banks ask: ‘Why bother?’
Post-Trim changes erode capital savings from internal models while raising their running costs
Receive this by email
Most read on Risk.net
- After bruising EU model review, banks ask: ‘Why bother?’
- Capturing the effects of climate change on CVA and FVA
- Mixed signals as swap dealers begin quoting ‘SOFR first’
- Swaptions get fallback safety net, but crave CCP fix
- Anti-fraud product & Anti-money laundering product of the year – BlackSwan Technologies’ ELEMENT™ of Compliance