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Playtech strengthens Financials arm with $43m CFH acquisition

14th November 2016 8:30 am GMT
Playtech

Playtech has resumed efforts to develop its Financials division with the acquisition of London-based Consolidated Financial Holdings (CFH), a trading solutions provider offering brokers an automated capital market and payments processing product.

The acquisition is designed to bolster Playtech's B2B capabilities within Financials by giving the supplier access to CFH's Straight Through Processing (STP) solution. This provides brokers with a range of financial trading tools such as multi-asset execution, prime brokerage services and liquidity and complementary risk [...]

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