Pinsent Masons advises Finastra on acquisition of Olfa Soft SA

14 Feb 2018 | 10:48 am |

International law firm Pinsent Masons has advised Finastra on the acquisition of Olfa Soft SA and its cutting edge FX e-trading platform for banks and financial institutions.

The move enables Finastra to deliver a unique end-to-end real-time eFX trading solution for banks’ treasury departments, covering distribution, position-keeping, post-trade and payments.

Based in Geneva, Switzerland, Olfa Soft specializes in the field of trading platform design and integration, providing seamless FX services. The company is a natural fit for Finastra given its complementary solutions and customers.

The Pinsent Masons team advising Finastra was led by Partner Andrew McMillan and supported by Corporate Associate, Chris Watts and Corporate Trainee, Minerva Vanni. The wider team also included Samantha Livesey (Commercial), Felicity Parsons (Commercial), Samuel Hall (Commercial) and Satvi Vepa (Tax). Swiss law advice was provided by Niederer Kraft & Frey AG, led by Clara-Ann Gordon (TMT), Patrik Peyer (M&A, Corporate) and Manuel Werder (M&A, Corporate).

Nadeem Syed, CEO at Finastra said, “Bringing Olfa Soft into the Finastra fold enables us to provide treasurers around the world with an innovative approach to eFX trading which is unmatched in comprehensiveness in the market. What’s more, this is our first acquisition as Finastra and signals our commitment to ongoing innovation and growth.”

Andrew McMillian added: "Our sectoral expertise was an important factor in the completion of this transaction. As ever, Fintech businesses are adopting cutting-edge technology to stay ahead in this fast-evolving sector and no doubt we'll continue to see deal activity of this type on in the increase."

Latest press releases

Show me all press releases

Pinsent Masons Joins Climate Bonds Partners Programme

International law firm Pinsent Masons has joined Climate Bonds Initiative's Partners Programme, an international network mobilising debt markets to tackle climate change and finance green solutions.

Pinsent Masons launches Spark Board

International professional services firm Pinsent Masons has today announced the launch of the "Spark Board" to bring a new perspective to strategic decision-making at the firm.

Pinsent Masons virtual internship Australia UK

International law firm Pinsent Masons has launched a virtual internship enabling students to gain valuable experience of working as a lawyer within its business.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts