Finastra Sells Treasury and Capital Markets Division to Apax Funds
In a significant move revealed on May 19, 2025, Finastra, a global leader in financial software applications, has disclosed an agreement to sell its Treasury and Capital Markets (TCM) unit to Apax Partners LLP, a prominent private equity advisory firm. This transaction signals a strategic pivot for Finastra, structuring its portfolio to enhance focus on core operations and reinvestment.
The TCM division, which boasts a robust clientele of over 340 financial institutions, serves as a vital player in risk management, regulatory compliance, and capital market operations. Some of its flagship products, including Kondor, Summit, and Opics, provide comprehensive support for front-to-back trade lifecycle management, ensuring that clients meet their risk and compliance needs effectively.
With a rich history of intellectual property and longstanding relationships within the banking ecosystem, TCM is integrated deeply within global financial operations. The upcoming transition will not only streamline Finastra's offerings but also provide essential capital for further investment in their core business—bolstering Finastra's status as one of the preeminent software solutions providers in financial services worldwide.
Chris Walters, CEO of Finastra, stated, "This sale marks an important milestone for Finastra that will help further launch our next phase of growth with a focused suite of mission-critical financial services software." Walters emphasized that the transaction would generate the necessary funds to accelerate their strategy while assuring that the TCM platform would thrive under the experienced orchestration of the Apax Funds—renowned for supporting technology-driven growth.
The TCM team is also poised to benefit immensely from this transition. As a standalone entity, TCM will access new avenues for product development, marketing, and enhancing technological infrastructure, aligning its offerings with the evolving requirements of its clients. According to Jason Wright, a Partner at Apax, investing in customer relationships and technological innovation will be pivotal as TCM begins its journey as an independent firm.
"TCM is a robust, mission-critical platform with leading functionality and an impressive customer base. We see significant potential to invest in technology, talent, and customer relationships to accelerate innovation and growth," stated Wright, outlining the exciting future that awaits TCM under Apax's guidance.
Gabriele Cipparrone, another Partner at Apax, expressed enthusiasm for this partnership, predicting that with Apax's support, TCM would truly capitalize on innovation and operational efficiencies, thereby enhancing the value delivered to clients.
The announcement coincides with Apax's extensive history in the software application space, with previous investments that include well-regarded firms like Paycor HCM and ECi Software. The impending transaction is not only a strategic maneuver for Finastra but also a reflection of the intricate dance of capital and innovation shaping the financial technology landscape.
Expected to finalize within the first half of 2026, adhering to customary regulatory conditions, this deal emphasizes Finastra's commitment to a streamlined portfolio and underscores Apax's dedication to fostering growth in the businesses it invests in.
In summary, this sale of the Treasury and Capital Markets division represents a transformative opportunity for both Finastra and TCM. It underscores Finastra's shift towards a more focused software development strategy, while TCM can now embrace its potential as a standalone entity armed with substantial investment to drive its innovative prowess in serving its clients.
For more information on Finastra, visit
finastra.com. To delve deeper into Apax, you can find additional insights at
Apax Partners.