Francisco Companions Announces Mixture of TradingScreen and Consider Software package to Develop Top Investing and Investment Administration Program System | Organization
4 min readSAN FRANCISCO & NEW YORK & LONDON–(Small business WIRE)–May possibly 3, 2021–
Francisco Partners, a leading world investment firm that specializes in partnering with engineering corporations, announced today the blend of TradingScreen, a provider of trading execution and order administration computer software, and Imagine Computer software, a actual-time chance and compliance software platform. The combined corporation, TS Picture, will be a dynamic end-to-conclusion investing and portfolio administration application system for connecting the expenditure management sector with a network of brokers, banks and exchanges.
The mixture results in just one of the most sturdy SaaS cloud-based mostly software platforms in capital marketplaces and investment administration, bringing built-in and entire entrance office methods, complementary products capabilities, ideal-in-course technology, global geographic coverage, and deep expertise to better provide financial commitment companies and money institutions all around the world. In conjunction with the transaction, market veteran Rob Flatley will turn out to be CEO of the recently combined enterprise.
“I am fired up to be a part of TS Envision and go on offering revolutionary and purchaser-targeted goods and expert services,” explained Rob Flatley. “The market proceeds to deal with new problems and options such as the require for helpful trade lifecycle management blended with serious time hazard analytics. Our proficient personnel and special, built-in application system will deliver on this mission vital need to have for our shoppers and partners.”
TS Envision will have roughly 400 employees in 10 places of work all over the world, serving approximately 500 worldwide get-aspect and offer-side establishments across North and South The united states, EMEA, and Asia Pacific including hedge resources, standard asset professionals, pension funds, mutual resources, and economical establishments.
“TS Picture provides together the global know-how of field-top products” said Justin Chen, Principal at Francisco Companions. “The corporation is uniquely positioned to handle elaborate and time-consuming workflows in the front, middle and back again workplaces, unifying order management, trade execution, portfolio analytics, real time hazard compliance, accounting, and operations. Our investment decision will aid the company’s ongoing item innovation, consumer concentration, and robust advancement.”
“We have identified Rob Flatley for virtually a ten years and are thrilled to eventually be partnering with him,” added Peter Christodoulo, Husband or wife at Francisco Partners. “Rob is a large operator with a profitable track history of value generation for shareholders, management, workers, prospects and partners. We have also been very amazed with the TradingScreen and Picture groups and look forward to backing them as they just take the merged business ahead.”
Francisco Associates has been an active investor in financial technology and expense administration technological know-how. Pick out present and earlier investments in the sector contain Dynamo Software, eFront, Betterment, and NextCapital.
The TradingScreen transaction has shut, and the Visualize transaction is anticipated to close in May. Keefe, Bruyette & Woods, a Stifel corporation, served as economical advisor and Kirkland & Ellis LLP served as authorized advisor to Francisco Partners.
About TradingScreen: Working in the cloud for just about two decades, TS is a foremost qualified on SaaS investing technology. TradeSmart OEMS offers workflow efficiency and seamless integration between the promote-facet and invest in-side, connecting markets globally and supplying traders the access and details they want to improve their trading general performance. www.tradingscreen.com
About Think about Computer software: Imagine provides the electrical power of a serious-time, institutional-quality portfolio and chance administration software answer and delivers clients the preference of comprehensive-assistance on-line accessibility with actual-time pricing, stability grasp, corporate actions, derived marketplace details, and 24/7 connectivity or a conventional in-house program installation. www.imaginesoftware.com
About Francisco Associates: Francisco Associates is a foremost world-wide investment decision firm that specializes in partnering with technological innovation and technological innovation-enabled enterprises. Considering that its start above 20 decades in the past, Francisco Partners has invested in extra than 300 engineering businesses, making it a single of the most lively and longstanding investors in the know-how marketplace. With far more than $25 billion in belongings beneath administration, the company invests in options where by its deep sectoral knowledge and operational expertise can help firms comprehend their full possible. For extra facts on Francisco Partners, you should check out www.franciscopartners.com.
See resource variation on businesswire.com:https://www.businesswire.com/news/house/20210503005276/en/
Speak to: Francisco Companions
Whit Clay / Dan Zacchei
[email protected]/[email protected] Screen
Tim Focas
Keyword: CALIFORNIA NEW YORK NORTH America UNITED STATES Eire UNITED KINGDOM EUROPE
Marketplace Key phrase: Skilled Services Facts Administration Technological innovation Software package FINANCE BANKING ACCOUNTING
Supply: Francisco Associates
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PUB: 05/03/2021 10:00 AM/DISC: 05/03/2021 10:01 AM
http://www.businesswire.com/news/residence/20210503005276/en
Copyright Business Wire 2021.
