AI Issue 6 2017

Acquisition International - June 2017 5 ThinkMarkets Buys Fast-Growing FX TradingMobile App, Trade Interceptor Sofia-based Trade Interceptor is one of the fastest- growing mobile technology firms. The app has been downloaded almost half a million times to-date and is ranked in the top three on app stores (including iOS, Android, Windows Mobile, Amazon’s FireOS and Blackberry) around the world. This growth has been achieved organically, without any marketing spend, and is testament to the product’s capabilities. These include robust charting functionalities, previously available only on powerful desktop platforms. The app offers triple the number of chart-types and indicators available on other retail brokers’ apps. It was also the first to create server-side trading alerts – saving traders’ battery life as they don’t need to keep the app open to receive notifications. Users can trade in live, demo and back-tested scenarios – so the app is just as valuable to advanced traders as to beginners looking to trial their trading strategies. It is built and developed based on user feedback, with over 200-enhancements deployed so far to continuously upgrade and evolve its functionality. Through the acquisition, ThinkMarkets will connect its trading infrastructure to Trade Interceptor thus offering users the ability to analyse and trade from the same platform. Nauman Anees, CEO and Co-founder of ThinkMarkets, says: “We have a mobile-first strategy that will transform the world of online trading and propel us to become the world’s largest mobile-trading broker. We are heavily investing in mobile by offering users the very best mobile trading experience, our products come with exceptional order-execution, coupled with the advanced tools that our customers need to create and run trading strategies, wherever and whenever they want. “That covers everything from allowing our customers to go out and enjoy themselves without worrying about missed opportunities because their app is draining their phone battery, through to letting them make rapid adjustments in response to breaking events without having to rush home. We are determined to establish ThinkMarkets as a top- five global online trading. This acquisition is a big part of that.” Rodolfo Festa Bianchet, CEO of Trade Interceptor, says: “By integrating with one of the world’s leading retail brokerages, we completely remove the need for traders to be chained to their desks. The world is mobile; traders should be too. Now traders can train, research, analyse and execute from a single platform with no loss of functionality, giving them a level of freedom that just hasn’t been seen before.” For more information on ThinkMarkets, visit www. thinkmarkets.com . ThinkMarkets, a leading retail FX and CFD broker, has acquired Trade Interceptor, the world’s most searched-for trading analysis app. The deal marks a major step forward in ThinkMarket’s mission to be the only truly mobile retail broker – a crucial commitment given the rapid growth of the mobile trading market. Global advisory and administration firm continues ambitious global growth project with acquisition of the Edinburgh subsidiary of R&H Fund Services (Jersey) Limited. Maitland, the global advisory and fund administration firm, has announced the acquisition of the Edinburgh based R&H Fund Services Limited from Jersey-based fund administrator R&H Fund Services (Jersey) Limited. The move is the latest chapter of an impressive period of global expansion for Maitland, following the acquisition of UK-based Phoenix Fund Services and the opening of offices in Miami and New York. R&H’s Edinburgh office is primarily focused on the Investment Trust sector and currently service eight funds, representing a total Assets under Administration of approximately £2bn (bringing Maitland’s total AuA worldwide to over £220bn). The deal will allow the business to draw on Maitland’s considerable size, resources and global expertise - including its market-leading ACD and AIFM solutions - while providing Maitland with a foothold in the UK’s second largest financial centre. There will be no disruption to the R&H Edinburgh team. Its existing staff - who are widely known and respected locally and internationally, for their skill and expertise - will continue in their current roles. From a client perspective, it will be business as usual with additional opportunities and resources that result from being part of the wider Maitland firm. Steve Georgala, CEO of Maitland, said: “Given its importance as a regional financial centre, Edinburgh presented itself as a logical next step in our ambitious global growth programme. The excellent track record of R&H Fund Services’ Scottish business, make it a perfect fit for us, and an ideal base from which to bring the wider Maitland offering to the Scottish market. We believe that our combined strengths will open up significant opportunities for growth.” Martin Cassels, Director of R&H’s Edinburgh business added: “Since we started our Scottish operation in 2011 we have prided ourselves on the quality of service we provide, which has been borne out by the reputation we have acquired. Our commitment to our clients remains as strong as ever, and by joining the wider Maitland firm we will be able to draw on its size and resource to enhance our offering in several key areas, particularly ACD and AIFM solutions. We look forward to a bright future together.” www.maitlandgroup.com Maitland Lands in ScotlandWith Edinburgh Acquisition NEWS / From Around The World