Finsight, a NYC-based financial technology company, acquired T-REX, a provider of a cloud-native platform engineered to model and manage investments across private credit.
The amount of the deal was not disclosed.
The acquisition will expand Finsight’s structured finance transaction services and market data solutions with T-REX’s innovative collateral and cashflow modeling engines.
Led by Benjamin Cohen, CEO and Founder, T-REX provides a data management service, analytics engine, instant reporting, and collaboration functions that deliver transparency, efficiency, and insight across asset classes.
Led by CEO Leo Efstathiou, Finsight is a software provider that serves investors, investment banks and corporations. Its applications streamline workflows that facilitate billions of dollars worth of capital markets activity annually to provide visibility and actionable insights into fixed income and equity primary capital markets.
Along with the acquisition, Finsight added Benjamin Cohen, T-REX Founder and CEO, Arad Shaiber, CTO, as well as key T-REX talent across the U.S. and Tel Aviv.
FinSMEs
25/04/2024