Digital Network ATMonitor Finnet Limited

Product Demo

Why register?Login

Forgot your password?
On our website you can find 6066 products from 3171 companies
Announce your products/ services on RFPConnect.com! Listing Costs £250 per/year « Get listed today! »
For Advertisers and Sponsors

Featured Vendor

SLIB

Featured Product

For almost 25 years, SLIB has been a reliable partner to the financial industry, in step with the changes in the European securities landscape, by offering its customers innovative software solutions to streamline their securities processing and improve their performance, whilst mitigating their risks.

Visit Vendor Page
Search our directory to find the right company to meet your enterprise technology needs

Mandate Monitor

Sign up for a daily Newsletter

We're constantly updating RFPConnect.com with the latest news and research from hundreds of leading technology vendors.
Sign Up to our e-mail alert service to stay up to date.

RFP News

360T Group Announces Closing of Summit Partners´ Investment
Published on 29 Jun 2012

360T Group announced the final closing of a growth equity investment made by Summit Partners.

Summit Partners has acquired a majority stake in 360T from various shareholders including Brockhaus Private Equity, a German independent private equity firm focusing on mid-cap German technology leaders, and the firm´s management. Brockhaus retains a small position and 360T´s management will be the second largest shareholder after Summit Partners.

Han Sikkens, a Managing Director of Summit Partners, said "360T exemplifies the very type of company that Summit Partners seeks for its investment: a rapidly growing, highly scalable business run by an exceptional management team. We see 360T as a truly global company that brings together financial markets, technology leadership and committed personnel." Added Scott Collins, also a Managing Director of Summit Partners, "We are committed to supporting 360T´s growth strategy both in FX and other adjacent financial markets, and we welcome the company´s employees retaining a significant stake as part of the transaction."

Summit Partners is partnering with the existing management team and 360T´s founder, Carlo Kölzer, who remains a significant shareholder in the company. "We are very pleased that Summit Partners, a leading global financial technology investor, has chosen to invest in 360T," said Kölzer. "The reorganization of the shareholder structure and the participation of a leading American growth equity fund is exactly the right step for 360T as we take the company to the next level."

Founded by CEO Carlo Kölzer and Mathew Kuppe in 2000, 360T provides web-based trading technology for OTC financial instruments, particularly currency exchange, short-term money market loan/deposits and interest rate derivatives. 360T´s secure, smart global transaction network enables clients to trade with greater transparency and enhanced control at every stage of the trading lifecycle. The company also offers a hosted white-label trading technology that enables organizations to provide internal electronic trading services on a proprietary branded platform.

More than 100 global and regional market makers connect to 360T´s bank-independent trading platform, securing global liquidity delivered with the latest execution features and seamless processing. 360T´s buy-side clients include national and multinational corporate treasuries, institutional clients such as asset managers, broker/dealers and banks. The company is regulated by BaFin.


Tags
Product type: Trading Systems

0 comments Post Comment plus

LATEST News