New company provides global investment technology to support the front, middle and back office
Eze Software Group today announced the completion of its launch as an independent provider of global, multi-asset class investment technology. Backed by TPG, the new company brings together the collective expertise and proven success of the RealTick® EMS, Eze OMS™ and Tradar PMS teams.
Headquartered in Boston, MA, the new Eze Software Group is uniquely positioned to provide a combination of industry-leading products in a single platform for a streamlined workflow across the front, middle, and back office. Eze Software’s global technology platform provides a comprehensive feature set that includes real-time market data, charting, and analytics; pre-, intra-, and post-trade compliance; electronic trading and global DMA; portfolio analytics and modeling; order management; portfolio risk and valuation; post-trade processing; portfolio accounting; and data management.
“The Eze Software Group is new but the solutions we offer have been leaders in the market for years,” said Tom Gavin, chief executive officer for Eze Software Group. “Bringing the RealTick EMS, Eze OMS and Tradar PMS teams together will enable Eze Software to offer an integrated solution backed by our global reputation for unparalleled customer support.”
"We are excited about investing in this industry-leading investment management technology company," said Bryan Taylor, partner at TPG. "Eze Software Group offers the range of products from front to back office with a fully-integrated global platform. We look forward to partnering with the talented management teams to continue to create innovative products and provide the comprehensive suite of solutions investment managers require."
“TPG has a long-standing reputation of helping to build successful growth companies in the technology sector,” added Gavin. “We are thrilled to partner with the TPG team and look forward to working together as we continue to advance the Eze Software Group technology platform.”
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. acted as financial advisors to TPG. Ropes & Gray LLP acted as legal advisor to TPG.
About Eze Software Group
Eze Software Group is a premier provider of global investment technology to support the front, middle, and back office. Formed in 2013, Eze Software brings together the proven success of the RealTick EMS, Eze OMS, and Tradar PMS teams. It partners with more than 1,500 buy- and sell-side institutions in 30 countries across North and South America, EMEA, and Asia Pacific. Its clients include broker-dealers, endowments, family offices, hedge funds, institutional asset managers, mutual funds, pension funds, and professional individual investors. Based in Boston, Eze Software employs more than 750 people in 12 offices worldwide. For more information, visit www.ezesoft.com.
TPG is a leading global private investment firm founded in 1992, with more than $54.5 billion of assets under management and offices in San Francisco, Fort Worth, Austin, Beijing, Chongqing, Hong Kong, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, Paris, São Paulo, Shanghai, Singapore and Tokyo. TPG has extensive experience with global public and private investments executed through leveraged buyouts, recapitalizations, spinouts, growth investments, joint ventures and restructurings. The firm has extensive technology expertise with investments that have included Alltel, FIS, Hotwire, IMS Health, Intergraph, Lenovo, LPS, MEMC, Sabre Holdings, Seagate Technology, SunGard and Vertafore. For more information visit www.tpg.com.