PRESS RELEASE: NeoXam Acquires Software Provider Nexfi
Paris – April 23, 2015 – Continuing its growth strategy, NeoXam today announces the acquisition of Nexfi, a software provider specialized in complex fund management. Nexfi’s flagship product “Tracker 3” enables asset managers to manage the entire Front and Middle-Office chain.
This acquisition will strengthen NeoXam’s leadership as a major player in the asset management solutions space in Europe. The cross-skills of the NeoXam and Nexfi teams will enable the group to cover an exceptionally rich business scope while expanding the technological skills of NeoXam which now has a very strong expertise of Microsoft’s .NET.
Jean-Marie Gérard, President of Nexfi, comments “This is extremely positive for both our clients and our employees. This will enable us to benefit from the dynamism and the international experience of NeoXam while preserving our technical and business specificities.”
Serge Delpla, President of NeoXam, adds “After a first year marked by major successes, we are very pleased to welcome Nexfi to the group. We will capitalize on Nexfi’s key expertise and enable them to leverage our international presence and our financial strength. Our offering now enables us to cover all the asset management business with solutions delivering excellent ROI thanks to cost-effective prices and implementation of projects on time and on budget.”
About Nexfi
Founded in 2002, Nexfi is a software provider specialized in front and middle-office portfolio management solutions. The Tracker 3 solution addresses the needs of diversified fund management, structured products, and institutional management. Tracker 3 covers the following functionalities: positions keeping, order management, compliance, risk, performance, cash management and liability management. The solution is connected to back-office and to data providers. Its responsiveness and adaptability have enabled Nexfi to be recognized as a major player in the asset management industry. For more information, please visit: www.nexfi.fr
About NeoXam
NeoXam provides front, middle and back-office solutions to the asset management industry worldwide. Benefiting from more than 25 years of experience, NeoXam enables clients to achieve a new experience in asset management. With more than 120 customers around the world, NeoXam provides through its international distribution network full coverage of local requirements in 15+ countries. More than $7 trillion worth of assets are processed daily through its solutions by more than 10,000 users. NeoXam is headquartered in France with offices in Europe, USA, Asia, Middle East and Africa. For more information, please visit: www.neoxam.com
Trademark Information: NeoXam, the NeoXam logo are trademarks or registered trademarks of NeoXam. All other trade names are trademarks or registered trademarks of their respective holders.
- Vues1618