21 August 2017
visit www.avoka.com

TMX Group offloads Razor Risk to Parabellum

05 January 2017  |  3799 views  |  0 Source: TMX Group

TMX Group today announced the sale of risk management business Razor Risk to UK-based Parabellum Limited.

TMX Group has undertaken a transformative initiative to streamline the organization, enhance client services and achieve a more efficient cost structure. The decision to enter into this transaction was made within the scope of the company's strategy to focus on the growth of its core offerings, both domestically and internationally over the long-term and to evolve into a more nimble, responsive solutions provider.

The transaction closed December 31, 2016 . The terms were not disclosed. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.vasco.comvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11016 views comments | 25 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9258 views 0 | 5 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9163 views comments | 21 tweets | 26 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9043 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8871 views comments | 10 tweets | 8 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job