Swissrisk Financial Systems becomes Dion Global Solutions
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Swissrisk Financial Systems becomes Dion Global Solutions 13 August 2012Frankfurt Reporter: Mark Dugdale
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Frankfurt-based European software specialist Swissrisk Financial Systems GmbH has rebranded as Dion Global Solutions GmbH following Dion’s acquisition of the company in January 2012.
Swissrisk supports dealing rooms and traders and provides bespoke client solutions in the payments, securities and funds industry. It has presences and client bases in Germany, Luxembourg, Spain and Switzerland.
Dion bought a controlling stake in the company as it bids to become a leading provider of solutions to financial markets worldwide.
In a statement, Dion said: “The firms have already seen clear benefits from working together through shared intelligence, product development and working practices, and the rebrand stands to further enhance and streamline this.”
“The Swissrisk product set adds messaging and workflow to Dion’s comprehensive portfolio of solutions that supports financial market participants across the front, middle and back office.”
Ralph Horne, global CEO and managing director at Dion, said: “We acquired a majority stake in Swissrisk this year with the objective of enhancing our solution suite and expanding our geographical reach. With this rebrand, our presence in Europe has increased to over 150 domain experts and a customer base of nearly 120. The firm is already delivering significant value to our business, and clients on both sides will continue to reap the rewards of this deal.”
Andreas Wagner, CEO at the newly rebranded Dion Global Solutions GmbH, added: “We want to make it as easy as possible for our clients to do business with us, so rebranding after the acquisition was an important part of our strategy. Dion is a dynamic, growing company and we will be looking to gain even more leverage from Dion’s global network while continuing to capitalise on each other’s extensive product and domain expertise.”
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