Icap acquires Abide Financial

The regulatory reporting specialist will become part of Icap's post-trade risk and information division

PTRI chief executive Jenny Knott: Abide chief Collin Coleman will report to her

Icap has acquired global regulatory reporting specialist Abide Financial, which will become part of the market operator's post-trade risk and information (PTRI) division. Abide founder and chief executive Collin Coleman will report to Jenny Knott, chief executive of PTRI.

Abide, established in 2011, provides regulatory reporting technology. It acts as a reporting hub for the European Market Infrastructure Regulation (Emir), Approved Reporting Mechanism for the Markets in Financial Instruments

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