Wall Street Systems buys Trema with private backing
NEWS
WSS acquired Trema using funds from the $200 million raised in debt and equity financing following its backing by Warburg Pincus, the global private equity firm, on January 25.
Warburg Pincus has established a team of six executives to build a force in treasury and capital market transaction processing, two of whom join from Thomson Financial. Joel Mandelbaum becomes president and chief executive officer, formerly president of Thomson Market Information, while Karl Jaeger, formerly chief
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