Teciem launches after Apax-backed acquisition from Finastra

February 2, 2026

Teciem, a newly formed financial technology company specialising in treasury and capital markets software, has officially launched following the completion of its acquisition from Finastra by the Apax Funds.

The launch coincides with the Apax Funds completing the purchase of Finastra’s Treasury and Capital Markets (TCM) division. As part of the transaction, Apax is committing investment to support Teciem as a standalone business, enabling it to accelerate product development initiatives and invest in attracting and retaining specialist talent across the organisation.

From inception, Teciem enters the market with an established global footprint. The company serves more than 340 financial institutions worldwide, including 70 of the top 100 banks globally. Its software portfolio supports mission-critical functions across treasury, capital markets, risk management, regulatory compliance and investment management.

Teciem’s product suite includes well-known platforms such as Kondor, Summit, Opics, Sophis, Fusion Risk and Fusion Invest. These solutions have been developed over decades and are deeply embedded within the global banking ecosystem, underpinned by long-standing client relationships and extensive domain expertise across multiple asset classes and markets.

Headquartered in London, Teciem is led by Wissam Khoury, who assumes the role of CEO. Khoury brings 25 years of experience in financial technology, having spent the past four years as EVP of Finastra’s TCM business unit. During that time, he built the leadership foundations that have enabled Teciem’s transition into an independent entity. All 1,300 employees, including the full senior leadership team, are transferring from Finastra to Teciem, ensuring continuity for customers across products, services and client relationships.

Teciem CEO Wissam Khoury said, “As a standalone business dedicated to providing industry-leading treasury and capital markets software and services, Teciem is focused on delivering excellence and accelerating innovation across our product portfolio.

“With the backing of Apax and their deep expertise in supporting the growth of technology businesses, we’ll be investing further in product development and technology, delivering even greater value to our customers.”