Cognotec

3 results about this entity

Period: 29 Jan 2010 - 02 Apr 2013

First Derivates stumbles on legacy Cognotec debt

Shares in UK capital markets tech house First Derivates slipped in early morning trading as the vendor warned that it may have to take a "significant" provision against an unpaid debt owed to its Cognotec unit.

First Derivatives to buy cash-strapped Cognotec

Capital markets tech house First Derivatives has struck a deal to buy Cognotec, the Irish FX dealing systems provider that went into receivership last week. Financial terms have not been revealed.

Cognotec goes into receivership

Irish software firm Cognotec, a supplier of FX dealing systems to the global banking market, has gone into receivership after its business took a nosedive during the economic downturn.