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: How to establish data quality and data governance for analytics

Data quality has been a perennial problem for financial institutions for many years, but this needs to change as firms become increasingly reliant on accurate analytics to deliver business opportunity and competitive advantage. New approaches to data quality can help firms up their game and significantly improve their analytics capability. Adding the processes, controls and...

BLOG

TMX Agrees to Acquire Cboe Canada and Australia, Reshaping Canadian Market Structure

TMX Group has agreed to acquire Cboe Australia and Cboe Canada from Cboe Global Markets for US$300 million (C$409 million), in a transaction that removes TMX’s principal challenger in Canadian equities trading and listings and folds Cboe’s Australian venue into the Toronto-based operator’s growth ambitions. The Canadian component is by far the more consequential leg...

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

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...