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

A-Team Insight Blogs

Exactpro Concludes Buyout from London Stock Exchange Group

Subscribe to our newsletter

Exactpro Systems has been bought out of the London Stock Exchange Group (LSEG) by a company incorporated by the former’s founders. Deals of the acquisition were not disclosed and the LSEG is expected to remain a customer of Exactpro, which will provide an independent software quality assessment of LSEG’s core platforms based on a multi-year services agreement between the companies.

Exactpro employs over 560 staff focused on functional and non-functional testing and software development of systems that process wholesale financial products across many asset classes, such as trading and clearing systems, risk management, market surveillance, securities data distribution and post trade infrastructure. These services are offered to exchanges, investment banks, brokers, technology firms and other financial sector organisations worldwide.

Iosif Itkin, co-CEO and co-founder of Exactpro, says: “Exactpro was launched on September 9, 2009, known as software testers’ day due to a moth found trapped in hardware and ‘debugged’ seven decades ago. Since that time, advances in data analysis and artificial intelligence have rapidly changed the world. The presence of thinking machines will soon affect all industries, processes and occupations. Machine learning is one of the main directions of research at Exactpro to enhance our testing capabilities for market infrastructure.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Smart Trader Desktops: Placing UX at the front and centre of the trading workflow

Trading strategy is in place, the technology stack is optimised and the trading team is highly skilled – but what about the user experience? Whatever the stack, the desktop, the trading apps and their functionality, a trading platform is only as good as its user interface (UI) and user experience (UX). This webinar will review...

BLOG

Global Relay Launches AI-Enabled Surveillance as Data Insights Report Highlights 400% Surge in AI Communication Capture

Global Relay has introduced a new AI-powered surveillance solution aimed at meeting the evolving regulatory demands for communications monitoring. The system is designed to address common challenges faced by existing surveillance tools, including poor data quality, the need for constant model retraining, and limited reasoning capabilities, while offering a scalable and future-proof platform. AI-Driven Compliance...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Institutional Digital Assets Handbook 2024

Despite the setback of the FTX collapse, institutional interest in digital assets has grown markedly in the past 12 months, with firms of all sizes now acknowledging participation in some form. While as recently as a year ago, institutional trading firms were taking a cautious stance toward their use, the acceptance of tokenisation, stablecoins, and...