Deutsche Börse Acquires Compliance Software Company

Deutsche Börse Market Data + Services has acquired Impendium Systems, a London-based firm that deploys cloud-based compliance solutions.
By Jake Safane(2147484770)
Deutsche Börse Market Data + Services has acquired Impendium Systems, a London-based firm that deploys cloud-based compliance solutions.

Th acquisition was in the single digit million euro range. Deutsche Börse will use Impendium’s solutons for EMIR reporting and other key regulations in Europe and Asia-Pacific.

“The integration of market data and technology services has enabled us to further enrich our global data sets as well as utilize existing capacity to tap into specialized markets and growth areas,” says Hauke Stars, chief information officer and executive board member responsible for the Information Technology and Market Data + Services division of Deutsche Börse. “The acquisition of Impendium is an important step towards this goal as the firm’s focus on high-performance solutions for global regulatory compliance is a strong strategic fit. As our customers continue to navigate complex regulatory landscapes around the world, we plan to expand our offerings in this area.”

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