GlobeOp Financial Services

12 results about this entity

Period: 15 Jun 2007 - 14 Mar 2012

SS&C looks set to win GlobeOp race

Connecticut-based fintech vendor SS&C Technologies appears to have won the battle for GlopeOp Financial Services with a 485 pence a share cash offer, trumping an earlier bid from TPG Capital.

SS&C ponders GlopeOp bid

Connecticut-based fintech vendor SS&C Technologies says it is considering a move to buy GlopeOp Financial Services, despite the latter striking a £508 million deal with TPG Capital last week.

GlobeOp in takeover talks

Hedge fund services provider GlobeOp Financial Services is in talks with private equity firms Advent International and TPG Capital about possible takeover offers.

Finextra50 up 7% driven by Thomson Reuters and SEI Investments

The Finextra50 Financial Technology Index closed Friday at 58.09, rising well above general market indexes.

Actuate knocks back buyout bid; EXLService eyes outsourcing acquisitions

The Finextra50 Financial Technology Index closed down 3.03% to 53.13 last week. GlobeOp led the fallers, losing almost half its share value on concerns about the strength of the hedge fund industry, while Online Resources, Actuate and EXLService rose on the back of trading outlook and strategic announcements.

GlobeOp, Tsys and Fair Isaac lead fintech index higher

The Finextra50 Financial Technology Index ended Friday up 3.5% in a good week all-round for most global markets. GlobeOp and Fair Isaac were among the gainers, while expectations of a weaker Q2 dragged Chordiant lower.

Indian fintech vendors battered again

Continuing market volatility resulted in Indian fintech stocks taking a bath last week, further depressing the Finextra50 stock index.

Cognizant and Reuters drag Finextra50 down by 6.9%

The Finextra50 Financial Technology Index ended last week down at 96.2. Six months after the creation of the index we have recalibrated the constituent companies, with four firms being replaced by new entrants. One of these, Bravura, joined Broadridge and Pegasystems among the few companies to buck the downward trend last week and see a significant rise in share price.

Merrill launches hosted technology platform for hedge funds

Merrill Lynch has launched an outsourced middle and back office management system for hedge funds which is based on technology from UK-based GlobeOp Financial Services.

GlobeOp settles with Archeus

UK hedge fund administration firm GlobeOp Financial Services has "agreed in principle" to settle a damages claim filed by former client Archeus Capital Management in New York earlier this month. Financial terms of the settlement were not disclosed.

GlobeOp suspends shares after receiving $465 million lawsuit

Hedge fund administration firm GlobeOp Financial Services has suspended conditional trading in its shares after being hit with a $415 million damages claim by a former client.

GlobeOp to raise £51.9m in London IPO

GlobeOp Financial Services, a UK provider of business process outsourcing services to the hedge fund industry, has unveiled plans to raise around £51.9 million through a listing on the London Stock Exchange (LSE).