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Finastra to Sell CMC Business Unit to Teranet

July 9, 2018 by FTF News

Finastra to Sell CMC Business Unit to Teranet

Teranet’s CM Solutions Will Acquire the Shares of CMS London-based financial software vendor Finastra, formed in 2017 by the combination of Misys and D+H, reports that it has entered into a definitive agreement to sell its Canadian-based Collateral Management Corp. (CMS) business to Teranet. Teranet’s affiliated entity CM Solutions Inc. will acquire the issued and… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Clearing, Industry News, Middle-Office, Operational Risk, Ops Automation, Settlement, Governance, FinTech Trends, Back-Office, Regulation & Compliance, Derivatives, Regulatory Reporting Tagged With: Banco de México, collateral management, DTCC, DTCC’s Global Trade Repository (GTR), Finastra, Itiviti, LCH, MiFID II, Misys and D+H, OTC, OTC derivatives, Philippe Carré, SEC, STP, straight through processing, strategic plan, Teranet, Ullink

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