Eze Software Group Acquires TKS Solutions for Undisclosed Sum
- The terms of the deal have presently not been disclosed and the final acquisition is expected to be closed by the end of November 2015.

Eze Software Group, a provider of global investment technology, has acquired TKS Solutions, LLC, a boutique software provider of shareholder and partnership accounting tools, according to an Eze Software statement.
The terms of the deal have presently not been disclosed and the final acquisition is expected to be closed by the end of November 2015. TKS Solutions is best known for its flagship product offering, Penny It Works – per the acquisition, the group will add partnership and shareholder reporting capabilities to its existing portfolio accounting and portfolio management tools in Eze Software Investment Suite.
According to David Quinlan, Executive Managing Director at Eze Software Group, in a recent statement on the acquisition, “We are excited to add the TKS products, people and domain expertise to our company. Currently we have excellent portfolio-level accounting tools that allow us to produce Net Asset Values (NAV) for our clients, but many of our clients ask for tools that produce reports focused on shareholder and limited partner accounting. Adding Penny is a logical extension of our current portfolio accounting capabilities.”
“This is a fantastic new partnership for TKS. Our complementary product lines and company cultures are a perfect fit. The global sales and support infrastructure of Eze Software Group will help us accelerate our growth around the world,” added Ron Kashden, Founder of TKS.
Eze Software has been relatively quiet lately, with its last major development coming earlier this year when the group underwent a series of upgrades to its commission management offering. The group’s Broker Review, which was specifically targeting Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim of satisfying their client’s portfolio demands. Through the analysis and acquisition of underpriced assets, buy-side entities purchase these assets with the prediction that they will appreciate. Moreover, the largest buy-side participants include firms such as BlackRock, The Vanguard Group, and UBS Group to name a few. It is important to note that firms such as BlackRock are able to influence market prices as a result of placing large investments under single entities while the Securities and Exchange Commission (SEC) requires a quarterly 13-F filing for all holdings bought or sold by buy-side managers. What differentiates buy-side investors from other traders would be the advantages that are yielded to them. Buy-side investors not only have access to a much broader range of trading resources and market insight but also tend to possess decreased trading costs through large lot acquisitions. To sum up, firms work with buy-side analysts to provide research recommendations that are kept exclusive to those participants of the firm while all analysts are overseen by regulations set forth by the International Organization of Securities Commissions (IOSCO). The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim of satisfying their client’s portfolio demands. Through the analysis and acquisition of underpriced assets, buy-side entities purchase these assets with the prediction that they will appreciate. Moreover, the largest buy-side participants include firms such as BlackRock, The Vanguard Group, and UBS Group to name a few. It is important to note that firms such as BlackRock are able to influence market prices as a result of placing large investments under single entities while the Securities and Exchange Commission (SEC) requires a quarterly 13-F filing for all holdings bought or sold by buy-side managers. What differentiates buy-side investors from other traders would be the advantages that are yielded to them. Buy-side investors not only have access to a much broader range of trading resources and market insight but also tend to possess decreased trading costs through large lot acquisitions. To sum up, firms work with buy-side analysts to provide research recommendations that are kept exclusive to those participants of the firm while all analysts are overseen by regulations set forth by the International Organization of Securities Commissions (IOSCO). Read this Term firms, has since allowed for the streamlined evaluation of their respective brokers. The primary impetus behind Broker Review was the consolidation and augmented utility behind the evaluation tools at a buy-side firm’s disposal.
Eze Software Group, a provider of global investment technology, has acquired TKS Solutions, LLC, a boutique software provider of shareholder and partnership accounting tools, according to an Eze Software statement.
The terms of the deal have presently not been disclosed and the final acquisition is expected to be closed by the end of November 2015. TKS Solutions is best known for its flagship product offering, Penny It Works – per the acquisition, the group will add partnership and shareholder reporting capabilities to its existing portfolio accounting and portfolio management tools in Eze Software Investment Suite.
According to David Quinlan, Executive Managing Director at Eze Software Group, in a recent statement on the acquisition, “We are excited to add the TKS products, people and domain expertise to our company. Currently we have excellent portfolio-level accounting tools that allow us to produce Net Asset Values (NAV) for our clients, but many of our clients ask for tools that produce reports focused on shareholder and limited partner accounting. Adding Penny is a logical extension of our current portfolio accounting capabilities.”
“This is a fantastic new partnership for TKS. Our complementary product lines and company cultures are a perfect fit. The global sales and support infrastructure of Eze Software Group will help us accelerate our growth around the world,” added Ron Kashden, Founder of TKS.
Eze Software has been relatively quiet lately, with its last major development coming earlier this year when the group underwent a series of upgrades to its commission management offering. The group’s Broker Review, which was specifically targeting Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim of satisfying their client’s portfolio demands. Through the analysis and acquisition of underpriced assets, buy-side entities purchase these assets with the prediction that they will appreciate. Moreover, the largest buy-side participants include firms such as BlackRock, The Vanguard Group, and UBS Group to name a few. It is important to note that firms such as BlackRock are able to influence market prices as a result of placing large investments under single entities while the Securities and Exchange Commission (SEC) requires a quarterly 13-F filing for all holdings bought or sold by buy-side managers. What differentiates buy-side investors from other traders would be the advantages that are yielded to them. Buy-side investors not only have access to a much broader range of trading resources and market insight but also tend to possess decreased trading costs through large lot acquisitions. To sum up, firms work with buy-side analysts to provide research recommendations that are kept exclusive to those participants of the firm while all analysts are overseen by regulations set forth by the International Organization of Securities Commissions (IOSCO). The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim of satisfying their client’s portfolio demands. Through the analysis and acquisition of underpriced assets, buy-side entities purchase these assets with the prediction that they will appreciate. Moreover, the largest buy-side participants include firms such as BlackRock, The Vanguard Group, and UBS Group to name a few. It is important to note that firms such as BlackRock are able to influence market prices as a result of placing large investments under single entities while the Securities and Exchange Commission (SEC) requires a quarterly 13-F filing for all holdings bought or sold by buy-side managers. What differentiates buy-side investors from other traders would be the advantages that are yielded to them. Buy-side investors not only have access to a much broader range of trading resources and market insight but also tend to possess decreased trading costs through large lot acquisitions. To sum up, firms work with buy-side analysts to provide research recommendations that are kept exclusive to those participants of the firm while all analysts are overseen by regulations set forth by the International Organization of Securities Commissions (IOSCO). Read this Term firms, has since allowed for the streamlined evaluation of their respective brokers. The primary impetus behind Broker Review was the consolidation and augmented utility behind the evaluation tools at a buy-side firm’s disposal.