Asset Control has a new owner

Interesting deal by Marline Equity that leaves me a tad bit puzzled in terms of synergy gains: the owner of a potpourri of systems and service providers outside the financial world buys one of the top reference data management systems, Asset Control. Looks a bit like Sungard to me.

Bloomberg LP Moves Into EDM Market, Acquires PolarLake

That's the second acquisition in the product vendor market in the last few weeks - CADIS has been baucht by Markit just recently. I wonder if there is a strategic advantage for the bigger players adding a reference data system to the product portfolio and even more so: why this is happening just now.

Markit to acquire enterprise data management specialist Cadis

One of the data management system vendors being more successful lately has just been acquired: CADIS by Markit. Its innovative approach of managing data has made it win several awards, despite being a young company (founded in 2007). It will be interesting to monitor the impact of this deal in the reference data systems market.

Netik acquires Capco Reference Data Services with private equity investment from Symphony Technology Group

This deal is a little surprising to me, since CapCo has actively marketed the reference data system in Germany, and I wonder if its marketing will be continued since Netik is relatively unknown in Germany. See also here.

Odyssey to Rollout its Centralised Enterprise Data Management Solution

Long awaited (I first heard about it 2 years ago), Odyssey is ready to go to market its centralized reference data management solution. I am very curious to see how it will compete against Asset Control, which I consider to be its primary rival.

Temenos expands German footprint with acquisition of ACTIS.BSP

Temenos, vendor of a core banking system named T24, has bought ACTIS.BSP, vendor of an interesting reference data system (with a WM interface). Besides the fact that this will certainly strengthen Temenos presence in German in general, it will also have an impact on the market for reference data systems in Germany.

West LB AG Selects Asset Control for Global Data Management

With this deal, Asset Control seems to further reinforce their dominant position in the market for reference data systems in Germany. I am very interested to see if more KAGs (investment companies) in Germany will make the heavy investment for such a reference data system.