Numerix Acquires FINCAD from Zafin

Zafin Acquires FINCAD

January 24, 2022

Financial Services

Zafin acquired FINCAD to expand its pricing and analytics capabilities and create an end-to-end pricing and analytics offering for financial institutions. FINCAD will operate as Zafin's Capital Markets Group under the FINCAD brand, broadening Zafin's product portfolio, client base and global footprint.

Nordic Capital Acquires Majority Stake in Zafin

February 12, 2024

Cloud & SaaS

Nordic Capital has signed an agreement to acquire a majority share in Zafin, a Vancouver-based provider of SaaS core modernization and transformation solutions for banks. The investment, made in partnership with Zafin's founders and management who are reinvesting, is intended to accelerate Zafin's growth and product/platform roadmap to expand its global footprint in banking technology.

Numerated Acquires Fincura

December 7, 2021

Cloud & SaaS

Numerated has acquired Fincura, Inc. to add automated financial spreading, OCR and AI-driven financial analysis into Numerated's Digital Loan Origination System. The acquisition expands Numerated's underwriting capabilities for business lending, improving speed and risk analysis for banks and credit unions with the Fincura capabilities embedded and available to customers in Q1 2022.

Numerix Acquires Convertible Securities Platform Kynex

October 16, 2024

Software

Numerix has acquired Kynex, a specialist platform for convertible securities valuation, portfolio and risk management, and trade/order management. The acquisition expands Numerix's asset-class coverage and enhances its Front-to-Risk analytics capabilities for investment banks, asset managers, hedge funds and broker-dealers.

Genstar Capital Acquires Numerix

August 30, 2022

Software

Genstar Capital, a private equity firm, has acquired Numerix, a provider of capital markets pricing and risk management software. Genstar said it will partner with Numerix's management to accelerate growth, pursue strategic acquisitions, and expand the company's front-to-risk product offerings for banks, buy-side firms and insurers.

Cinven to Acquire Finaxy Group from Ardian

September 3, 2024

Financial Services

Private equity firm Cinven has entered exclusive negotiations to acquire the Finaxy group from Ardian, with Finaxy management (led by Founder & CEO Erick Berville) set to significantly reinvest alongside Cinven. Headquartered in Paris, Finaxy is a multi-specialist French insurance broker with over 330 employees and more than €700 million in premiums; Cinven will invest from its Strategic Financials Fund and aims to accelerate Finaxy's buy-and-build growth across France and internationally.