TA Associates-backed smartTrade Technologies completed the acquisition of kACE.

TA Associates-backed smartTrade Technologies, a company specializing in multi-asset electronic trading and payments solutions, completed the acquisition of kACE, a financial technology provider for FX and interest rate derivatives pricing, analytics, and workflow solutions. Financial terms were not disclosed. “This is a transformational moment for our joint clients. kACE brings a world-class team and sophisticated FX derivatives technology that is highly complementary to our existing multi-asset trading and payments offering. By integrating kACE’s deep derivatives expertise and cutting-edge analytics, we can now deliver even greater value to clients through a truly end-to-end solution that offers a clear competitive advantage," David Vincent, smartTrade Co-Founder and CEO.