Workflow software provider ION is acquiring derivatives markets expert Clarus Financial Technology.

British-based Clarus Financial Technology (Clarus) will from now on offer its analytics products for real-time margin and risk management of both cleared and uncleared OTC derivatives as a part of ION Markets, according to a news release of the acquisition.

Clarus is a provider of analytics data and research services for both buy- and sell-side participants and others in global derivatives markets, covering sources including exchanges, clearing houses and trade repositories.


ION intends to let the Clarus services extend its XTP platform, “further automating and simplifying the post-trade derivatives business”.