JP Morgan Chase-backed Neovest completed the acquisition of LayerOne Financial.

JP Morgan Chase-backed Neovest, a broker-neutral order and execution management system, completed the acquisition of LayerOne Financial, an investment management platform. Financial terms were not disclosed. "We are excited to acquire LayerOne Financial to enhance our offering and support our clients in finding efficiencies in their investment operations. Following this acquisition, Neovest can enable clients to manage their full investment lifecycle with one software provider with industry-leading capabilities. Neovest’s key objectives are creating an exceptional client experience from on-boarding to trade execution management and expanding our product capabilities to advance and differentiate from other investment management platforms. LayerOne’s technology and people are perfectly placed to help us on this journey," Jimmi Shah, Neovest CEO.