Noida-based Dion Global acquires UK broking software firm Investmaster

Noida, Uttar Pradesh-based Dion Global Solutions Ltd, a provider of software solutions to financial institutions today said that it has acquired UK-based Investmaster Group Ltd., a provider of wealth management and stock broking software, for an undisclosed sum.

The acquisition is part of Dion's strategy to become a leading provider of a diversified suite of solutions to financial markets worldwide.

London-based Investmaster has been a specialist provider of wealth management and stockbroking software to the UK private client market for over 25 years. Their client base has combined Assets under Management exceeding £28 billion and over 800 users across the UK and Ireland.

This transaction gives Dion a significantly increased presence in the UK and an established base upon which further expansion can be built. Investmaster's private client product suite complements Dion's existing range of products, which cover portfolio management, trading, settlement, risk management, analytics, treasury and research services.

It is anticipated that the Investmaster business will be rebranded as Dion Global Solutions.

Ralph Horne, global CEO & managing director of Dion said, "Investmaster is a highly strategic acquisition for us. Their reputation in the market, their client base and their technology offer us a strong presence in the UK. Combined with the added products, investment and market expertise that Dion can offer, Investmaster is a key element in the wider Dion brand."

''Dion's deep domain expertise and approach to business makes them a trusted partner to businesses they work with. It's this approach that makes them an ideal fit for Investmaster, and their suite of products sits well alongside our own,'' said Peter Little, CEO of Investmaster.

Dion has a portfolio of cutting-edge solutions and services for the international financial markets. The company's solutions cover portfolio management, trading, settlement, risk management, analytics, treasury and research services and has more than 660 clients in over 62 countries.