Delta Data acquires Phoenix Systems 27 March 2024US Reporter: Klea Neza
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Following their purchase in August 2023 of the National Quality Review, Delta Data has acquired Phoenix Systems in an effort to deliver industry-leading, mission-critical solutions to the pooled fund industry.
The acquisition aims to integrate Phoenix's expertise into Delta Data and fosters valuable synergies, significantly expanding the breadth of solutions available to Phoenix and Delta Data clients alike.
Cameron Routh, CEO of Delta Dat, says: "Bringing these companies together allows us to enhance our service to legacy Phoenix and existing Delta Data clients, demonstrating our dedication to client value, while offering an unparalleled solution to future clients."
Alex Monica, CEO of Phoenix Systems, Inc, comments: "At Phoenix, our mission has always been to streamline the workflow around mutual fund transaction processing and the account record keeping associated with it. Like Delta Data, our focus is increasing efficiency for our clients, helping them run their businesses smarter and faster.”
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