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

A-Team Insight Blogs

Itiviti CEO Torben Munch Named to Lead Combined Firm of Itiviti and ULLINK

Subscribe to our newsletter

The merger of Itiviti and ULLINK was completed yesterday, with Itiviti CEO Torben Munch named to lead the combined entity. ULLINK CEO, Didier Bouillard, has elected to leave the company.

The intention to combine the companies, both of which are owned by Nordic Capital, was put forward in November 2017 and with the transaction now closed, the resulting company has about 1,000 employees in major financial markets across Europe, the Americas and Asia-Pacific, and annual sales of over $200 million. Its offer will cover a range of solutions and services spanning asset classes and trading applications, including high-touch, low-touch, market making and connectivity. The solutions are based on modern, flexible technology architected for performance and updated to meet compliance requirements.

Looking forward, the combined company says business focus will be on growth and expansion, guided by clients’ demands for a technology partner to support current and future needs and business strategies.

Munch comments: “I am fortunate to lead an organisation with outstanding credentials, in terms of what ULLINK and Itiviti together bring to the table. Ultimately though, the merger will be judged on its delivery. Our products, solutions and the services we provide must validate that we are growing into an even more capable supplier and partner, one that can best satisfy the needs of customers’ business, enable their strategic initiatives and provide daily support to sell-side and buy-side financial institutions. Knowing the qualities of ULLINK and Itiviti, I have every reason to believe we are bound for success.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

From BondGPT to BondGPT+: The Evolution of LTX’s AI-Driven Application

Earlier this year, LTX, a subsidiary of Broadridge Financial Solutions, launched BondGPT, an application driven by OpenAI’s GPT-4, designed to streamline corporate bond selection. Last month, the company announced the launch of BondGPT+, the enterprise version of the application, which contains a range of new capabilities. In this Q&A, TradingTech Insight talks to Jim Kwiatkowski,...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

Impact of Derivatives on Reference Data Management

They may be complex and burdened with a bad reputation at the moment, but derivatives are here to stay. Although Bank for International Settlements figures indicate that derivatives trading is down for the first time in 10 years, the asset class has been strongly defended by the banking and brokerage community over the last few...