Numerix strengthens risk management solutions and fixed-income coverage with acquisition of Kynex
Oct 16, 2024•about 1 year ago
Acquiring Company
Numerix
Acquired Company
Kynex
Description
Numerix, a leading capital markets Front-to-Risk technology provider, has completed the acquisition of Kynex, a market leading financial platform known for its expertise in convertible securities valuation, portfolio and risk management, and trade flow/order management. This strategic acquisition further extends Numerix's asset class coverage, confirming Numerix's position as a leading provider of pricing and risk management solutions.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed