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Linedata expands asset management platform with Derivation acquisition

Linedata ServicesSA said April 8 that it completed its acquisition of Derivation, a specialistprovider of risk, analytics, and portfolio management tools.

Following the completion of the deal, which is in line with Linedata's2018 strategy, the France-based company will integrate the U.K.-based target's productsinto its asset management platform.

No financial information regarding the deal was provided.