Reuters has acquired certain assets of Easetech Financial Systems, including its Triad product line, for approximately US$9 million
Easetech Financial Systems, a division of Ease Technologies, based in Columbia, Maryland, is a development and systems integration firm and provider of FIX-based transaction server software. The Triad system is currently installed in over 60, principally US, brokerage firms and provides full FIX messaging support, automated order forwarding and routing and reporting.
Reuters says the technology will be integrated with order routing and order management services acquired when it bought certain assets of Bridge Information Systems.