Coexis, a UK provider of middle and back office software, is finalising its acquisition by GBST, an Australian listed company that is one of the largest software providers to the futures and options industry.
The deal will provide Coexis with the backing to grow faster.
GBST provides broking software and solutions for futures and options processing, as well as securities clearing and wealth management. It has the dominant market share of futures and options processing in Australia and processes 65% of all...