OM divests Edinburgh operation through MBO

OM divests Edinburgh operation through MBO

OMHex, the new company created from the merger of OM and Helsinki Stock Exchanges, has disposed of its legacy operations in Edinburgh following a management buy out (MBO) of its securities finance and settlement products division.

Alastair Chisholm, former general manager for the business unit when it was part of OM, led the buy out, which includes the rights to the division's OneWorld Securities Finance software as well as responsibility for the existing client base.

The new company will continue under the name 4Sight Financial Software with 15 employees.

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