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Gresham Technologies: Announces agreement to acquire Electra Information Systems | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Gresham Technologies: Announces agreement to acquire Electra Information Systems

Gresham Technologies: Announces agreement to acquire Electra Information Systems

  • Gresham Technologies a leading software and services company that specializes in providing solutions for data integrity
  • Electra provides award-winning post-trade operations workflow solutions and data services for reconciliation, trade matching, settlement
  • Announced its agreement to acquire post-trade automation specialists, Electra Information Systems, Inc. (Electra)
  • The transaction, which is expected to complete on 22 June 2021, represents a significant milestone in Gresham’s growth strategy
  • The firm has grown from disruptor to industry-recognized, trusted partner, onboarding more than 120 customers across banking
  • The transaction follows Gresham’s successful acquisition of Inforalgo Information Technology in July 2020

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