B2 Group, a Luxembourg-based financial software and services vendor, has acquired TDI Consulting, a London-based financial sector consultancy specialising in corporate payments processing.
B2 Group chief executive officer (CEO), Phil Boland, said: “We are delighted to welcome TDI to the B2 Group of companies. TDI’s expertise in the payments sector brings an additional dimension to B2’s traditional funds and FX based service offering, and when combined with B2’s strength in depth and technical infrastructure can only mean an even better service for TDI’s clients.”
The new entity will trade as B2 TDI, and will be based at B2’s London offices, while using B2’s data centres in Luxembourg.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.