Winston Advises smartTrade Technologies Group on the Acquisition of kACE

A cross-border team from advised smartTrade Technologies Group (“smartTrade”), a leading provider of multi-asset electronic trading and payments solutions, on its acquisition of kACE Financial (“kACE”), formerly known as Fenics, a well-established provider of technology solutions for FX and interest rate derivatives pricing, analytics, and workflow management.

Founded to address the complex needs of financial institutions, kACE develops advanced tools for FX derivatives and related workflows, enabling market participants to optimize their trading strategies and risk management. Its comprehensive technology and deep expertise further strengthen smartTrade’s existing multi-asset offering.

This strategic acquisition allows smartTrade to offer clients a unified solution covering pre-trade, trade execution, and post-trade processes, responding to the growing demand for integrated, high-performance multi-asset platforms. It also supports smartTrade’s accelerated innovation strategy, with a strong focus on cloud transformation and the development of advanced analytical tools powered by artificial intelligence and machine learning.

David Vincent, Founder and CEO of smartTrade Technologies Group, commented:
“The Winston & Strawn teams in Paris and London, led by Grine Lahreche, played a key role in the successful completion of this complex transaction. Their in-depth knowledge of the group, strategic approach, and exceptional responsiveness were invaluable throughout the project.”