Fintech PR
Droit Launches Dedicated Product for Exchange Traded Derivatives Reporting
Pioneering ETD Reporting product to enhance regulatory transparency for listed derivatives
NEW YORK, Nov. 18, 2024 /PRNewswire/ — Droit, a leading technology firm in computational law and regulation, today announces the launch of its Exchange Traded Derivatives (ETD) Reporting product—designed to enhance regulatory transparency and ensure compliance with global reporting requirements for listed derivatives.
Recent scrutiny of position-based reporting obligations to clearing agencies and exchanges has increased pressure on clearing firms to upgrade their reporting infrastructure. Both internal and external audits are pushing clearing firms to adopt stricter controls, ensuring completeness and accuracy akin to OTC transaction reporting standards.
ETD Reporting from Droit provides precise identification and management of reporting obligations for seamless quality assurance of reports pre- or post-submission. Initially focusing on high-risk clearing, collateral, and margin reports, the ETD Reporting product is set to expand beyond futures and options to support a broader range of listed instruments.
With regulators stepping up enforcement and issuing fines for misreporting, clearing firms face the dual challenges of handling vast volumes of trade and position data daily while navigating complex, diverse global regulatory requirements. Senior executives are also pressured to ensure a cohesive quality assurance process exists across their enterprise. Yet, many clearing brokers still rely on outdated, opaque systems that lack transparency and auditability.
Droit’s ETD Reporting delivers a comprehensive quality assurance platform to provide a consistent approach to regulatory compliance. With complete insight into each decision made and the ability to trace the logic through to the underlying source text, the product ensures clarity and accuracy in complex regulatory interpretations.
“Our new ETD Reporting product establishes a unified quality assurance process across Exchange Traded Derivative reports,” said Blythe Barber, Head of Business Development, Americas of Droit. “By using Droit for completeness and accuracy checks, clearing firms can adopt a single global process, significantly reducing the operational burden of current manual methods. Front and middle office teams can fully focus on client opportunities, confident that reporting obligations have been fulfilled.”
“ETD Reporting marks a key step in our strategy to expand our regulatory reporting products to listed derivatives,” said Brock Arnason, Founder and Chief Executive Officer of Droit. “Our clients have many regulatory reporting obligations across departments within their firms. By adding ETD Reporting to our product suite, we aim to provide one platform to advance global compliance and real-time controls, helping our clients navigate these challenges with confidence.”
About Droit
Droit is a technology firm at the forefront of computational law and regulation within finance and other domains. Founded in 2012, Droit counts many of the largest financial institutions as its clients. Its award-winning, patented platform Adept provides an implementation of regulatory rules reflecting industry consensus. The Adept platform processes tens of millions of inquiries a day, deciding in real-time which interactions are legally permissible across the globe. Adept is used by institutions to evaluate, with sub-millisecond latency, the full regulatory implications of any given interaction within their transactional infrastructure.
For more information visit droit.tech. To obtain more information about Droit’s products, please contact [email protected].
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Fintech PR
Nordic Capital to acquire Anaqua, a leading global Intellectual Property Management solutions provider
- Nordic Capital has entered into exclusive negotiations regarding the acquisition of a controlling interest in Anaqua from its existing shareholders led by Astorg
- A strategic investment focused on driving the continued growth of one of the world’s leading Intellectual Property Management software platforms, serving the largest and most innovative organisations
BOSTON, Nov. 18, 2024 /PRNewswire/ — Nordic Capital, an experienced private equity investor in Technology & Payments globally, has entered into exclusive negotiations regarding the acquisition of Anaqua from Astorg. Anaqua is a leading provider of innovation and intellectual property (IP) management technology solutions and services, trusted by nearly half of the top 100 U.S patent holders, leading global brands, and numerous law firms worldwide. This acquisition would support Anaqua’s global expansion and strengthen its market position by continuing to invest in its best-in-class software platform and enhancing its operational capabilities.
Anaqua’s differentiated solution integrates best-practice workflows, data analytics, foreign filings, and patent and trademark renewal payments into a single, mission critical software platform. This platform offers a unique end-to-end value proposition to streamline operations, inform strategy and empower decision-making around customers’ valuable IP portfolios.
“Nordic Capital shares our vision of a software-led IP management platform, making them the ideal partner for our next phase of growth. Their deep sector experience, successful history of investing in software companies and vast global network would help us continue to transform the IP management industry,” commented Bob Romeo, CEO at Anaqua. “Nordic Capital would enable us to accelerate our global expansion, enhance our technology-driven solutions and drive operational excellence, all of which is for the ultimate benefit of our clients,” added Justin Crotty, COO at Anaqua.
Anaqua was founded in 2004 and is headquartered in Boston, Massachusetts with offices across the US, Europe and Asia. Today, driven by more than 800 employees globally, Anaqua has grown into a leader in IP SaaS solutions. Its scalable cloud platform helps thousands of blue-chip corporate and law firm clients, including Nvidia, Honda, and IBM, to elevate innovation and IP management from asset protection to strategic advantage.
“Nordic Capital has closely followed Anaqua’s impressive progress and would be pleased to invest in a leader in IP management and innovation technology. This partnership would align with our commitment to supporting companies that drive industry transformation and would fit perfectly with Nordic Capital’s technology investment strategy. We look forward to supporting Anaqua in its next phase of growth, helping them to expand their global footprint further and establishing the leading IP management platform for innovation-driven industries,” commented Fredrik Näslund, Partner and Head of Technology & Payments, at Nordic Capital Advisors.
Nordic Capital has over 20 years of experience accelerating the growth of innovative technology companies and would be set to leverage its deep sub-sector and operational knowledge to create value and boost Anaqua’s ambitious plans. It has made 33 technology investments in companies with an aggregate enterprise value of circa EUR 26 billion, including ArisGlobal, Inovalon, Macrobond, Regnology, Trustly and Zafin. Nordic Capital also has a long history of investing in partnerships with owners, founders and management.
In recent years, the global IP landscape has been significantly influenced by advancements in technology and the increasing importance of data-driven decision-making. Increasingly relevant trends in the space include the integration of artificial intelligence (AI) in IP management, the rise of big data analytics and the need for robust IP protection frameworks. Anaqua is at the forefront of these trends, offering a comprehensive platform to streamline IP operations and enhance strategic decision-making. By addressing the complexities of IP management with fully-integrated solutions, Anaqua is well-positioned to meet the evolving needs of companies worldwide and drive the future of the industry.
The financial terms of the transaction are confidential as agreed upon by all parties. Relevant staff representatives are being consulted as per applicable laws and, subject to approval from the relevant regulatory and antitrust authorities, closing could occur by Q1 2025. William Blair acted as financial advisor to Nordic Capital. Arma Partners and Jefferies acted as exclusive financial advisors and Latham & Watkins acted as legal advisor to Astorg and Anaqua on this transaction.
Media contacts:
Nordic Capital
Elin Ljung
Managing Director, Head of Communications & Sustainability
+46 70-866 10 40
[email protected]
US media contact – Brunswick Group
[email protected]
Anaqua
Nancy Hegarty
VP Marketing Tel: +1.617.375.2655
[email protected]
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Fintech PR
EQT Exeter to Acquire Strategic Supply Chain Assemblage Comprising Nearly Five Million Square Feet of Institutional Quality Industrial Assets
- Transaction consists of 33 high-quality distribution buildings located across 12 major industrial markets throughout the United States, all with adjacencies to EQT Exeter offices
- Properties include a mix of big box distribution and last-mile facilities primed to serve a variety of tenants in the Southeast, Midwest, and Texas
- EQT Exeter plans to implement strategic make-ready improvements to fill the remaining vacancy and collaborate with existing tenants to maintain steady occupancy and cash flow
PHILADELPHIA, Nov. 18, 2024 /PRNewswire/ — EQT Exeter, a leading global real estate investment manager, is pleased to announce that the EQT Exeter Industrial Value Fund VI (“EQT Exeter”) has acquired 33 industrial assets (“the Assemblage”) strategically located in prime submarkets across the United States. Twenty-one of the assets are located in markets with an EQT Exeter office.
The Assemblage consists of over 4.5 million square feet of bulk and last-mile industrial facilities with an average building size of over 138,000 square feet. The properties are located across four core regional markets, including the Southeast (Richmond, Atlanta, and Jacksonville); the “E-Commerce Triangle” (Louisville, Cincinnati, and Indianapolis); the Midwest (Chicago, St. Louis, Kansas City, and Minnesota); and El Paso, Texas.
Strategically located within these prime logistics corridors, the properties provide seamless connectivity to key interstate routes and major population centers, optimizing both last-mile and regional distribution. Designed with best-in-class features, these buildings support a broad spectrum of distribution functions and offer flexible suite sizes. Diverse site plans, optimal clear heights, and abundant dock positions maximize operational efficiency, catering to the diverse needs of today’s tenants. The properties feature 34 unique tenants and four vacant suites. Roughly 38% of the existing tenants constitute current relationships within EQT Exeter’s portfolio, reflecting the depth of the firm’s global tenant-partner relationships.
The Assemblage is approximately 90% leased with staggered lease terms. EQT Exeter intends to enhance value through the make-ready and lease-up of the remaining 428,000 square feet of available space across the assets. Through its “locals-with-locals” approach, EQT Exeter intends to strengthen existing tenant-partner relationships, foster new ones, and ensure the assets continue to meet the evolving needs of the tenants they aim to serve.
Chris Riley of CBRE arranged the transaction with assistance from Ryan Bain, Frank Fallon, Judd Welliver, José Lobón, Jonathan Beard, and Jonathan Bryan of CBRE National Partners.
EQT Press Office, [email protected]
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EBENE CYBERCITY, Mauritius, Nov. 18, 2024 /PRNewswire/ — Ultima Markets is lighting up the pitch in Europe’s top football leagues, making a bold statement with its presence in La Liga and Bundesliga. From the intensity of Villarreal vs. Barcelona to the high stakes of VfL Bochum vs. FC Bayern München, Ultima Markets is capturing the attention of fans and traders alike, bringing finance to the heart of football’s thrilling moments.
This collaboration reflects Ultima Markets’ drive for superior performance, aligning the brand with the performance-driven ethos that defines both professional football and the fast-paced world of financial markets.
Football & Finance: A Winning Match
Football, like trading, demands rapid decision-making, strategic foresight, and teamwork. Just as players anticipate each move to stay ahead of their opponents, traders must analyse market trends and respond swiftly to capitalise on opportunities. In both fields, even slight delays can turn potential advantages into risks.
Ultima Markets provides traders with advanced tools, insights, and a dependable platform to stay competitive—paralleling how football players rely on preparation, adaptability, and precision to outmanoeuvre rivals.
Inspiring Excellence and Empowering Action
Through its presence in top-tier European football leagues, Ultima Markets connects with a diverse audience of sports enthusiasts and traders, promoting shared values of discipline, focus, and resilience.
Teams like Barcelona, Atlético Madrid, and Bayern München exemplify the relentless pursuit of greatness. These clubs serve as a reminder that continuous improvement and commitment to excellence are essential for success—qualities Ultima Markets instils in its clients through innovative financial solutions.
Success Belongs to the Prepared
Ultima Markets’ involvement in these prestigious matches reinforces its belief that success, in both sports and finance, comes to those prepared to seize the right opportunities. Football unites people across borders, just as Ultima Markets empowers individuals worldwide to trade with confidence.
Whether on the field or in financial markets, strategy is everything. Ultima Markets is proud to play a role in these iconic sporting events, conveying the message that every decision matters—and every opportunity counts.
About Ultima Markets
Ultima Markets is a fully licensed, fast-growing broker offering access to over 250+ financial instruments. With a team of more than 2,000+ professionals across 15 global offices, we serve clients in 172 countries. For more information about Ultima Markets, please visit us on Facebook, X, Instagram, LinkedIn and YouTube.
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