Advised Lawshare on its sale to OMX
Lawshare was acquired by OMX Securities Limited.
Lawshare, was formed in 1992 by a number of law firms and investment firms requiring stockbroking services. It has grown to become a leading provider of dealing, settlement, custody and research services to the securities industry. Its clients include wealth managers, IFAs, trust companies, pension funds and stockbrokers.
By joining forces with OMX, an organisation which is already providing a service in this space, centred on client service and technology, Lawshare can expand its services to customers. Significant regulatory changes here caused investment managers to come under increasing pressure, which in many cases has led them to consider outsourcing. Lawshare believes that harnessing the technology edge of OMX and the market and client servicing expertise of Lawshare will allow it to meet both the existing and future needs of a wide range of financial services organisations.
Advised the owners of Lawshare on the disposal.