Presse économique / High-tech
FRANKFURT, Allemagne, & DUBLIN, Irlande -- (BUSINESS WIRE) -- June 28, 2005 -- ION Trading, fournisseur de premier plan de solutions logicielles haute performance destinées à la négociation sur les marchés obligataires électroniques, a annoncé ce jour qu'il procédait actuellement à l'acquisition de finvision Financial Systems AG, un fournisseur de solutions d'analyse et de tarification destinées aux transactions de titres à revenus fixes ayant son siège à Francfort.
(BW)(ION-TRADING) ION Trading Announces the Acquisition of finvision Financial Systems AG
Business Editors/High-Tech Editors
FRANKFURT, Germany & DUBLIN, Ireland--(BUSINESS WIRE)--June 28, 2005--ION Trading, a leading provider of high-performance software solutions for trading on electronic fixed-income markets, announced today that it is in the process of completing the acquisition of Frankfurt-based finvision Financial Systems AG, a provider of analytics and pricing for fixed-income securities. "We view the pricing functionality of finvision's software, designed specifically for European fixed-income market-makers, as highly complementary to our trading and quoting products," said Andrea Pignataro, Chief Executive Officer and Founder of ION.
"This acquisition is in line with ION's commitment to its clients – to provide a suite of integrated components that streamline all aspects of front-office trading while reducing deployment, maintenance and integration costs." "Joining forces with ION is good news for our clients," said Jens Kramer and Markos Mouzouris, the two co-founders of finvision.
"ION will bring its significant market presence and strategic direction to our business and the market can expect more innovative technology solutions for fixed-income e-trading from the combined group," added Mr. Kramer.
Both will remain as directors of the acquired business and join the ION management team. ION also recently announced the acquisition of Aurora Software, Inc., a New York-based provider of front-office risk management solutions for U.S. Treasuries, Mortgages and Options trading desks.
Both acquisitions consolidate ION's position as one of the world's leading global third-party providers of fixed-income trading solutions.
About ION Trading
Founded in 1999, ION Trading is a global leader in providing technology that allows clients to integrate and successfully manage trading activities in electronic fixed-income markets
ION is headquartered in Dublin with offices in London, New York, Tokyo, Madrid, Delhi and Pisa (Italy).
Private equity firms TA Associates and Kairos Partners are investors in ION Trading.
More information on ION is available at www.iontrading.com.
Headquartered in Frankfurt, finvision Financial Systems AG is a leading supplier of high-performance applications for electronic fixed-income trading, combining long-lasting experience in financial engineering with broad IT know-how. The finvision solution offers complete integration of price-, quote- and trade-management covering a broad range of fixed-income products across different markets.
More information on finvision is available at www.finvision.com.
Safe harbor statement under the U.S. Private Securities Litigation Reform Act of 1995: Statements made in connection with this release which are not historical fact, such as forward-looking statements concerning future financial performance and growth, involve risk and uncertainties.
Such statements are subject to various factors that could cause actual results to differ materially from those set forth in the forward-looking statements.
Any forward-looking statements represent the best judgment of ION Trading Group and finvision Financial Systems.
ION Trading Group and finvision Financial Systems disclaim any intent or obligation to update any forward-looking statements.
CONTACT: Arnold Corporate Communications Philip Nunes, 617-587-8906 [email protected]