Acquisition of Thomson Reuters risk business closes

Thomson Reuters building in Canary Wharf

The acquisition of the trade and risk management business of Thomson Reuters by US private equity firm Vista Equity Partners has completed today with the unveiling of a new company, Turaz, and the launch of the latest version of the flagship Kondor+ trade and risk management platform.

Thomson Reuters decided last year to sell its trade and risk management business, which previously resided within its enterprise division. In September 2011, the vendor announced that Vista Equity Partners had made

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