Wall Street Systems for sale

Reader Comments 

1. I would sell WS also with cloud solutions provider coming up like JACCOO.
   

   Investor 10/03/2011 18:01:19

2. Well there are many SaaS solutions out there and almost all players have a cloud strategy. The pick-up of SaaS solutions in Europe is still relatively low (compared to the USA). Data protection issues and security are the main concerns of finance departments. That said I am convinced the serious players in this field (and WSS is one of them) can make sure that customer concerns are addressed. WSS is traditionally selling at the upper end of the corporate market and into banks. Only in the last few years they went for the mid market. This is a crowded market and recent acquisitions (not only by WSS) show that further consolidation is not unlikely. Assuming WSS would be up for sale, lets face it that this is just normal for investors like Warburg Pincus. They have an exit strategy within a defined time frame and 5-years is not unusual. Should customers be worried? No, I don't think so. The products have a large customer base and any buyer would therefore have an interest of keeping them.
   

   DanielAndres 25/03/2011 16:22:12

3. It is now confirmed by internal email : WS is acquired by ION Trading http://www.iontrading.com/
   

   jpk 20/04/2011 17:12:57

4. It is now confirmed by internal email : WS is acquired by ION Trading http://www.iontrading.com/
   

   jpk 20/04/2011 17:13:00

5. Thanks for the update, jpk - how do you expect the move to impact on Wall Street Systems and its clients?
   

   Tim 21/04/2011 15:36:34