FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.
FINSIGHT, recognised for serving top corporate issuers, investment banks, and institutional investors, has joined forces with T-REX, known for its innovative cloud-native platform that manages complex investments across private and structured credit and project finance.
The acquisition, valued at an undisclosed sum, is driven by a strategic need to provide enhanced cashflow solutions within the private credit and structured finance industries. This move is expected to revolutionise the deployment and management of capital in these sectors.
FINSIGHT excels in offering cutting-edge financial technology solutions, making significant impacts on how corporate issuers and investment banks operate globally. Their tools and services are designed to improve the efficiency and accuracy of financial transactions and investment strategies.
On the other hand, T-REX specialises in developing advanced software that simplifies the complexities of managing structured and private credit investments. Their platform ensures precise modelling and risk management, catering to the nuanced needs of project financiers and credit managers.
The acquisition brings together FINSIGHT’s market reach and technological expertise with T-REX’s innovative platform to deliver faster, more reliable, and less risky capital deployment strategies. This integration is poised to set new industry standards in financial modeling and investment management.
Additional to the acquisition, FINSIGHT welcomes key T-REX personnel, including Founder and CEO Benjamin Cohen and CTO Arad Shaiber, along with their talented team from the U.S. and Tel Aviv. The enriched team synergy is anticipated to foster innovation and drive further advancements in the sector.
The transaction officially closed on Tuesday, April 24, 2024, marking a significant milestone in the FinTech and InsurTech industries.
T-REX Founder and CEO Benjamin Cohen shared his excitement about the acquisition, stating, “Over the past decade, our team has been dedicated to solving the most complex data quality, integration, and modeling challenges across structured debt. Today marks an incredible leap forward in achieving those ends. Having known Leo and FINSIGHT for much of our journey, the T-REX platform, coupled with FINSIGHT’s unrivaled market penetration within structured finance, will enable the industry to deploy capital faster, more confidently, and with less risk.”
FINSIGHT CEO Leo Efstathiou also expressed gratitude and optimism, saying, “FINSIGHT is tremendously grateful to Benji and Arad, as well as the broader T-REX management, employees, and Board of Directors, for the opportunity to acquire T-REX. For years, clients have asked us to deliver a viable and modern alternative collateral and cashflow engine, and with this acquisition, we will.”
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