Computershare acquires EFA software assets

Computershare acquires EFA software assets

Computershare is acquiring the software and intellectual property assets of EFA Software Services Ltd. The deal adds 25 new stock exchange customers to the 15 exchanges that already use Computershare trading systems.

"This deal puts us in the top three globally amongst providers of exchange technology," said Iain Saville, European Managing Director of Computershare.

According to the company, EFA's trading systems are well suited for small to mid-sized exchanges, whereas Computershare's X-stream solution is ideally suited to the middle to high end of the global market.

"Our offering now covers the spectrum of trading, clearing and settlement and surveillance products for exchanges worldwide. It's a formidable contender in the global market and we are strongly positioned to win business as exchanges and intermediaries upgrade to modern trading technology," continues Saville.

Computershare clients for trading and surveillance systems already include leading world stock exchanges and government regulators such as Stock Exchange of Hong Kong, Hong Kong Securities and Futures Commission, Singapore Stock Exchange, Monetary Authority of Singapore, Jakarta Stock Exchange, Oslo Stock Exchange, Oslo Bourse, Stockholm Stock Exchange, Copenhagen Stock Exchange and MICEX stock exchange (Russia).

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