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Investment banking and derivatives software developer First Derivatives has bought a New Jersey-based software company specialising in reference data management systems. First Derivatives is paying up to $10m (£6m) for Reference Data Factory (RDF) to beef up its range of software products in the fi
Read moreInvestment banking and derivatives software supplier First Derivatives says that revenue visibility is improving. Newry-based First Derivatives reported a 66% rise in revenues to £11.4m, while pre-tax profits improved from £2.24m to £3.06m. Investment in growing the business and the acquisition of
Read moreProperty services group Veris posted a pre-tax loss of €6.7m versus the €4.8m profit last year due to the €11.3m write off of assts in the Moving and Storage division. Turnover grew by 29% in the year to €84.3m. "We anticipate that any new business wins in the short term will be offset to a greater
Read morePaper losses on its dollar-denominated loans dampened profits at financial software firm First Derivatives, spoiling an otherwise sparkling full-year performance. Profit before tax in the year to 28 February eased to £4.46m from £4.72m the year before after the company was obliged by accounting rul
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