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Arcesium Buys Swedish Asset Management Tools Firm Limina

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Arcesium has acquired Stockholm-based portfolio and order management systems provider Limina to create a platform for asset managers and hedge funds.

The transaction integrates Limina’s front-office systems with the financial technology firm’s existing middle- and back-office solutions.

“With the addition of Limina’s front-office solutions, Arcesium will expand its global client relationships, providing investment firms with the integrated technology they need to scale their strategies amid increasing market complexity,” said Arcesium chief executive Gaurav Suri.

The entire Limina team will join Arcesium, with the founder reporting to the president of product and technology.

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