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

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

Breaking Conway’s Law: Why Composable Trading Platforms Demand Organisational Change, Not Just Better APIs

Nearly 60 years ago, Melvin Conway observed that an organisation’s technology will inevitably mirror its internal structure. It’s a law that has aged uncomfortably well in capital markets, where billions spent on trading, risk and analytics systems have produced vertical stacks that reflect business-line org charts rather than the horizontal data flows firms now need...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...