Abraxas


Profidata acquires German software fintech firm Abraxas

Swiss firm Profidata has acquired the “entire shares” of Abraxas, a German software and service provider for the financial industry. With the deal going ahead, Profidata will get FundLine, used for processing mutual fund orders and calculating trailer commissions; and RiskLine, for consolidation and quality assurance of financial market data, automated checking of market conformity […]