Upon completion of the transaction is, TORA will become part of LSEG's Data & Analytics division. Andrea Remyn Stone, Group Head, Data & Analytics LSEG, said: Combining TORA's multi-asset technology and global expertise with the strength and breadth of LSEG's Data & Analytics division will create a compelling customer proposition. This acquisition is a great [...]The post LSEG to acquire cloud-based technology provider TORA in a $325 million deal appeared first on LeapRate.
TORA is a California-based fund trading platform that provides solutions such as execution management and portfolio management for financial institutions.