OANDA Acquires Risk Management Provider GFM Solutions Group
- This is "a first in a number" of planned strategic acquisitions by OANDA following its own change of ownership.
In an interview to Finance Magnates following the acquisition by CVC Capital, OANDA’s CEO Vatsa Narasimha said that the broker is “open” to acquiring other companies in a bid to bolster business. On Wednesday, OANDA announced the first deal: GFM Solutions Group, a provider of a host of corporate services for managing currency exposure.
“The acquisition of GFM complements our existing currency data offering by providing a comprehensive Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term solution that enables corporate clients to effectively manage their currency exposure,” Narashima explained.
Vatsa Narasimha, CEO, OANDA
GFM is a Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and financial reporting company. Its software offers a host of financial risk advisory software as a service (SaaS) solutions including exposure measurement and management, hedge accounting and financial reporting, financial instrument valuation and regulatory compliance and risk management policy implementation.
GFM’s Managing Director, Charles Brobst, will join OANDA as the Managing Director of its Analytics division. “OANDA’s currency data is widely regarded as the gold standard, so it made perfect sense for the GFM team to join forces in order to help clients reduce currency exposure and mitigate risk,” he commented.
OANDA has announced that the next 18 months will see additional strategic acquisitions, as part of the change of ownership to CVC Capital Partners. What’s next on the agenda for the New-York headquartered group? A hint can be found in Narashima’s July interview: “CVC’s acquisition of OANDA […] opens up a host of new strategic opportunities…which will enable us to turn our attention to driving inorganic growth around the world.”
In an interview to Finance Magnates following the acquisition by CVC Capital, OANDA’s CEO Vatsa Narasimha said that the broker is “open” to acquiring other companies in a bid to bolster business. On Wednesday, OANDA announced the first deal: GFM Solutions Group, a provider of a host of corporate services for managing currency exposure.
“The acquisition of GFM complements our existing currency data offering by providing a comprehensive Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term solution that enables corporate clients to effectively manage their currency exposure,” Narashima explained.
Vatsa Narasimha, CEO, OANDA
GFM is a Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and financial reporting company. Its software offers a host of financial risk advisory software as a service (SaaS) solutions including exposure measurement and management, hedge accounting and financial reporting, financial instrument valuation and regulatory compliance and risk management policy implementation.
GFM’s Managing Director, Charles Brobst, will join OANDA as the Managing Director of its Analytics division. “OANDA’s currency data is widely regarded as the gold standard, so it made perfect sense for the GFM team to join forces in order to help clients reduce currency exposure and mitigate risk,” he commented.
OANDA has announced that the next 18 months will see additional strategic acquisitions, as part of the change of ownership to CVC Capital Partners. What’s next on the agenda for the New-York headquartered group? A hint can be found in Narashima’s July interview: “CVC’s acquisition of OANDA […] opens up a host of new strategic opportunities…which will enable us to turn our attention to driving inorganic growth around the world.”