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FNZ completes sale of GBST to Anchorage Capital Partners

FNZ, a global wealth management platform, has completed the sale of financial technology provider GBST to Anchorage Capital Partners, a global private equity fund with extensive financial services and systems experience.

Anchorage Capital Partners’ investment is focussed on GBST’s Wealth Management division and is committed to supporting GBST’s experienced management team in executing its growth strategy and delivering market leading solutions to clients. This includes support for continued investment and the rollout of the technology transformation of GBST’s market leading platform solution Composer to current and prospective clients.
 
Following the transaction, FNZ will reacquire GBST’s capital markets division including the experienced GBST capital markets team and the market leading Syn~ product suite, which provides proven, seamless and scalable real-time trade and settlements processing capabilities at a global level. This will provide FNZ with the opportunity to expand its product and service offering to both existing and future clients and accelerate the growth and reach of its global capabilities in listed securities trading and post-trade processing.

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