ION: Acquires Clarus Financial Technology
- ION provides mission-critical trading and workflow automation software solutions to financial institutions
- Clarus Financial Technology provides cloud-based risk analytics and data services to companies engaged in bilateral
- Announces the acquisition of Clarus Financial Technology a provider of SaaS analytics, data, and research for global derivatives markets
- Derivatives markets are being transformed by regulatory change and the adoption of SaaS analytics
- Clarus will offer its SaaS analytics products for real-time margin and risk management of both cleared
- Clarus’ functionality also enables firms to comply with the new Uncleared Margin Rules (UMR) regulation for OTC derivatives
