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: Post-Trade Transformation: Automating Clearing & Settlement

Date: 1 December 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The UK, EU and Swiss markets move to T+1 settlement on 11 October 2027, but the first binding compression arrives almost a year earlier. ESMA’s amended settlement discipline RTS expects allocation and confirmation completed by 23:00 CET on trade...

BLOG

Beeks and OmniPhi Target Institutional Agentic AI with Sovereign Infrastructure Partnership

Beeks Financial Cloud Group has partnered with Canadian fintech OmniPhi to develop a sovereign agentic AI platform for capital markets, combining privately hosted large language models with tools for automating trading-related workflows. The agreement includes a strategic investment by Beeks in OmniPhi and will see the companies target banks, brokers, asset managers and professional traders....

EVENT

Alternative Data Conference Hong Kong

Following the success of the Alternative Data Conferences in NYC and London, A-Team Group is excited to announce the launch of the Alternative Data Conference Hong Kong!

GUIDE

Connecting to Today’s Fast Markets

At the same time, the growth of high frequency and event-driven trading techniques is spurring demand for direct feed services sourced from exchanges and other trading venues, including alternative trading systems and multilateral trading facilities. Handling these high-speed data feeds its presenting market data managers and their infrastructure teams with a challenge: how to manage...