About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Desmond Backs PaceMetrics with Increased Stake

Subscribe to our newsletter

PaceMetrics, which earlier this year signed a global distribution deal for its software with Moneyline Telerate, has had a further investment from its principal backer IIU, which has increased its holding in the company.

IIU is the Dublin-based investment vehicle of Irish financier Dermot Desmond. It already has a portfolio of strategic holdings in technology companies, and the PaceMetrics deal gives it a foothold in the global straight-through processing software market. Desmond says that “PaceMetrics’ positioning in its target market coupled with its highly experienced management team make it a significant component of IIU’s overall technology portfolio”.

PaceMetrics’ core software development team is based in Dublin, with a business offices in London and a representative office in New York. The company says that it is expecting “several significant wins to be announced shortly”.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Reviewing the Latency Landscape and the Next Generation of Ultra-Low Latency Infrastructure

Date: 17 September 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Ultra-low latency is no longer the preserve of a handful of proprietary trading firms. As new asset classes electronify, data volumes surge, and regulatory expectations around execution quality and resilience tighten, the performance demands on trading infrastructure are broadening...

BLOG

Fanatics Buys BGC’s Exchange and Clearinghouse to Bring Prediction Markets In-House

Global sports platform Fanatics has agreed to acquire Water Street Labs, a CFTC-registered Designated Contract Market (DCM), and CX Clearinghouse, a registered Derivatives Clearing Organization (DCO), from BGC Group. The acquisition gives Fanatics direct ownership of the exchange and clearing infrastructure that will enable it to expand its prediction markets business. Alongside the transaction, the...

EVENT

Digital Assets & Tokenisation Briefing, New York

A-Team Group’s Digital Assets & Tokenisation Briefing assembles an exclusive group of CxOs and senior technology innovators. These leading market practitioners and infrastructure providers are collectively building the digital rails and decentralised networks that will power Wall Street 2.0.

GUIDE

Regulatory Data Handbook – Fourth Edition

Need to know all the essentials about the regulations impacting data management? Welcome to the Fourth edition of our A-Team Regulatory Data Handbook which provides all the essentials about regulations impacting data management. A-Team’s series of Regulatory Data Handbooks are a great way to see at-a-glance: All the regulations that are impacting data management today A...