September 20, 2019 BY Valentina Kirilova

TP ICAP acquires ClearCompress for £750,000

TP ICAP plc has announced earlier this week that it has acquired ClearCompress Limited, a provider of innovative, algorithm-based, light-touch compression services in cleared and uncleared derivatives that assist clients to achieve cost efficiencies and capital reduction. TP ICAP and ClearCompress started collaborating in 2017. In March 2019 when TP ICAP agreed to provide funding…

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