Gresham Technologies: Announces agreement to acquire Electra Information Systems
- Gresham Technologies a leading software and services company that specializes in providing solutions for data integrity
- Electra provides award-winning post-trade operations workflow solutions and data services for reconciliation, trade matching, settlement
- Announced its agreement to acquire post-trade automation specialists, Electra Information Systems, Inc. (Electra)
- The transaction, which is expected to complete on 22 June 2021, represents a significant milestone in Gresham’s growth strategy
- The firm has grown from disruptor to industry-recognized, trusted partner, onboarding more than 120 customers across banking
- The transaction follows Gresham’s successful acquisition of Inforalgo Information Technology in July 2020
