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Finastra Sells TCM to Apax for Innovation Boost

In 2025, Finastra announced plans to divest its Treasury and Capital Markets unit by transferring ownership to a company connected with Apax Partners LLP, aiming to simplify its business focus.
This sale aims to free capital for reinvestment in Finastra's core banking software, while enabling TCM to operate independently with focused strategic growth.
TCM supports a client base exceeding 340 financial institutions worldwide with its software offerings—Kondor, Summit, and Opics—that assist in capital markets functions, risk management, and meeting regulatory requirements.
Chris Walters of Finastra called the sale an 'important milestone' enabling focused growth, while Apax partners highlighted their 25 years of software scaling expertise to back TCM's innovation.
The deal is anticipated to finalize during early 2026, after which TCM will be rebranded and receive new investments aimed at enhancing product innovation, cloud infrastructure, and the overall customer experience.

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