Dechert LLP is advising Itiviti, backed by Nordic Capital Fund VII, on its intended combination with ULLINK to build a full service technology and infrastructure provider for global and regional financial institutions.

The proposed combination of Swedish based Itiviti, a global leader in trading software for banks and trading firms, offering the full spectrum of sell-side capabilities and ULLINK, a best in class platform for cash equity and derivatives trading solutions, is intended to create a world-leader in capital markets technology with revenues of over $200 million, 1,000 employees and a local market presence in all major markets of Europe, Asia and the Americas. 

The proposed combination would provide for a merger of two equals, both with market leading technology.  The transaction is subject to consultation of the French works council and customary antitrust and regulatory approvals.

The London-based corporate Dechert team advising Itiviti was led by partner Ross Allardice supported by senior associates Mark Evans and Tony Brown and associate David Nicholls and trainee solicitor Dan Mansfield.