DealHub (Option Computers Ltd) announced today that it that it has acquired B2 RCP, a prominent provider of FX post trade solutions, previously a subsidiary of Luxembourg based software and service provider B2 Group.
The move further cements DealHub's market leading position in FX trade and post trade services, extending the company's customer base with the addition of a number of leading FX Banks. B2 RCP's strong presence in emerging markets is well aligned with DealHub's new markets growth strategy and builds on the recent announcement of expansion in Asia and the launch of hosted services.
Commenting on the acquisition, DealHub COO Chris Leaver said "This is a great opportunity to extend our reach in the market place, with the acquisition of a well-respected brand and highly experienced team. We are committed to continuing the outstanding service B2 RCP clients have come to expect, while also giving them access to the full breadth of DealHub's leading pre and post trade solutions."
Through a continued link with B2 Group, DealHub is now able to offer its clients access to the B2 Global Transaction Service platform, a fully financially regulated, secure and high-availability financial messaging hub that provides flexible, cost-effective and rapid time to market services for the Funds, Payments and FX markets.
Commenting on the change of ownership, B2 Group CEO Phil Boland, said "DealHub's intimate knowledge of the FX post trade space, together with their track record of excellent product delivery and customer service, makes them perfect to take the B2 RCP business forward. We look forward to working more closely with DealHub in the future, with the opportunity to bring new products and services to market that combine the strengths of our two companies for the benefit of customers"