Hong Kong-based Quantifeed agreed to acquire London-based ALPIMA to form a leading global software provider for the wealth and investment management industry.
Zelig is pleased to have acted as exclusive financial advisor on the transaction.
Quantifeed and ALPIMA complement each other in terms of client names, geographic coverage and product suite. Both businesses have been able to develop a strong client base of leading tier-one financial institutions across Asia, EMEA and the Americas including Julius Bär, BBVA, DBS, Fidelity, and MUFG.
The automation of portfolio management is a key priority for many organisations in the wealth and investment management industry. The combined platform will provide unparalleled capabilities across the entire portfolio management spectrum. This includes portfolio construction, personalisation, visualisation, risk analytics, order management, trading, monitoring and reporting, addressing the needs and pain points of many private banks, asset managers, banks, brokers, insurers, and IFAs globally.
Alongside financial investors such as LUN Partners, the combined business is backed by leading strategic investors in this industry, including Franklin Templeton, HSBC Asset Management, Fidelity International Strategic Ventures, and Daiwa.