Swiss Financial Holding Group announces takeover of Financial Hightec Systems in all-stock deal
Swiss Financial Holding Group buys Financial Hightec System for $6 million in all-stock deal. Financial Hightec to be fully integrated into Swiss Financial in Q4 2015.
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June 16, 2015 (FPRC) -- Swiss Financial Holding Group (SFHG), one of the world’s fastest growing providers of wealth management and asset management services, today announced the takeover of London, UK based Financial Hightec Systems, an international payment solutions provider for the Foreign Exchange industry for $6 million in an all-stock deal.
Financial Hightec Systems helps to get in contact with the world's largest professional trading communities. The company´s products provide access to the best prices, market intelligence and the deepest liquidity for Foreign Exchange participants. Financial Hightec´s comprehensive range of pre-trade, trade and post-trade services, supports thousands of global and regional banks, institutional investors and corporate clients around the world in developed and emerging markets. With years of experience in driving innovation in the foreign exchange market, Financial Hightec gives customers access to the largest over-the-counter (OTC) trading community, providing market participants ready to trade the widest range of asset classes at the best prices.
The integration of Financial Hightec into Swiss Financial Holding Group will be finished by Q4 2015 and allow the release of a new multi-layer Foreign Exchange platform for institutional and individual Foreign Exchange investors.
This will enable Swiss Financial Holding Group to provide clients with a unique service— tailored access to disclosed and undisclosed Foreign Exchange liquidity together on a single screen. And with many significant market liquidity sources connected to the new venue, Swiss Financial Holding Group will become a premium source for FX liquidity in the market.
The takeover is expected to be of great benefit to the companies.
The consolidated entity will have the distinct advantage of size and strength of Swiss Financial Holding Group´s balance sheet.
Send an email to Holger Diessner of Swiss Financial Holding Group
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