WatersTechnology: LiquidityBook Buys Messer in Effort to Beef up Portfolio Management Capabilities

LiquidityBook, a historically buy-side tech shop with ambitions of displacing Fidessa as a favorite sell-side order management system, has made its first acquisition, buying Hong Kong-based Messer Financial Software, a portfolio management and reconciliations solutions provider.

The buy also makes available LBX PMS 2.0, LiquidityBook’s second-gen portfolio management and accounting system, which has been enhanced by Messer. New functionalities—such as accounting and reconciliation workflows, full AUM, and shadow net asset value (Nav) capabilities—have been woven into LiquidityBook’s buy-side and sell-side products, with the goal of creating a one-stop-shop for order, execution and, now, portfolio management.

Read the full article HERE (subscription required).



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