The corporates area acquiring trader messaging service Perzo, and will use it as the basis for a new company, Symphony Communications.
A syndicate of 14 financial services providers have partnered to set up a new company that will then acquire US-based trader messaging service Perzo.
BofA Merrill Lynch, BNY Mellon, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Jefferies, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo have invested $66m to create Symphony Communication Services and buy Perzo.
Perzo had received angel backing from Tom Glocer, formerly the CEO of Thomson Reuters, which is a peer to Perzo, and venture…
