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Numerix Announces The Acquisition Of Fincad

Apr 12, 2023•over 2 years ago

Acquiring Company

Numerix

Acquired Company

FINCAD

New YorkFintechFinancial ServicesInformation TechnologyFinancial ServicesSoftware

Description

Numerix, a leader in capital markets risk management technology, announced today that it has acquired FINCAD, a leading analytics company in the pricing and risk analytics of financial derivatives and fixed income products, from Zafin, a leader in Product and Pricing SaaS solutions for global financial institutions.

Company Information

Company

Numerix

Location

New York, New York, United States

About

Numerix (www.numerix.com) is the leading provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management. Numerix is dedicated to driving a more open, fintech-oriented, digital financial services market. Built upon a 20+ year analytical foundation of deep practical knowledge, experience and IT understanding, Numerix is uniquely positioned in the financial services ecosystem to help its users reimagine operations, modernize business processes and capture profitability.

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M&A Insights

Based on deal data
Integration 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