Mosaic develops enterprise software with a focus on corporate actions and post trade securities processing.
Dublin-based software company Information Mosaic has been bought by financial information services firm Markit. The value of the deal was not disclosed. Information Mosaic develops enterprise software with a focus on corporate actions and post trade securities processing. It currently employs around 200 people, with its main offices in Dublin and New Delhi, and other offices in London, New York, Singapore and Kuala Lumpur. The deal, which is set to close in the third quarter of the year, will see Information Mosaic’s business integrated into Markit’s Solutions division. “Information Mosaic is known for its leadership in corporate actions, a critical, complex and challenging area of operational risk for many financial institutions,” said Markit’s Michele Trogni.