Overview
DealHub (Option Computers Ltd) has acquired B2 RCP, a prominent provider of FX post trade solutions, previously a subsidiary of Luxembourg based software and service provider B2 Group.
Significance
The move further cements DealHub’s market leading position in FX trade and post trade services, extending the company’s customer base with the addition of a number of leading FX Banks. B2 RCP’s strong presence in emerging markets is well aligned with DealHub’s new markets growth strategy and builds on the recent announcement of expansion in Asia and the launch of hosted services.
Commenting on the acquisition, DealHub COO Chris Leaver said “This is a great opportunity to extend our reach in the market place, with the acquisition of a well-respected brand and highly experienced team. We are committed to continuing the outstanding service B2 RCP clients have come to expect, while also giving them access to the full breadth of DealHub’s leading pre and post trade solutions.”
Through a continued link with B2 Group, DealHub is now able to offer its clients access to the B2 Global Transaction Service platform, a fully financially regulated, secure and high-availability financial messaging hub that provides flexible, cost-effective and rapid time to market services for the Funds, Payments and FX markets.
Our Role
NovitasFTCL acted as exclusive advisors to B2 Group on its sale of B2 RCP to DealHub.
