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Synopsis
Intercontinental Exchange, an American company that operates global financial exchanges and clearing houses and provides mortgage technology, data and listing services, completed the acquisition of essDOCS, a paperless trade solutions provider. Financial terms were not disclosed. In a statement on essDocs’ website giving the rationale for the acquisition, ICE says it “provides financial technology and data services across major asset classes that offer its customers access to mission-critical workflow tools that increase transparency and operational efficiencies, two areas which essDocs is similarly focused on”.
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