BELFAST financial technology consultancy Vox Partners is under new ownership after being acquired by a US firm keen to expand its footprint into Europe.
Treliant, a Washington-headquartered strategic advisory firm which has enjoyed strong organic growth since its founding in 2005, confirmed the acquisition.
The transaction terms have not been disclosed.
Vox, which helps global financial institutions deliver regulatory and business change, was co-founded in 2015 by Omagh-born Terry Robinson (he now lives in New York).
Its consultants work on client sites and also from their service delivery centres in Belfast and at Lodz in Poland.
“We are very excited to join forces with Treliant,” chief executive Terry Robinson said.
“We share similar values and goals; forming and maintaining long-term relationships with our clients is of critical importance to Treliant and us.
“We look forward to working together to provide Vox’s capital markets expertise and delivery capabilities to a broader global audience.”
In his new role at Treliant, Mr Robinson will hold the title of chief executive officer for the capital markets practice.
Treliant's chief executive B. Scott Fisher said: “The acquisition of Vox Financial Partners is a milestone for us and is a natural fit.”
“Terry Robinson and the Vox leadership team have worked on some of the most complex initiatives and delivered major change in some of the largest global investment banks.
“They bring deep knowledge from their careers in the industry, as consultants, and as entrepreneurs. They are a perfect complement to Treliant and we are excited to have them join our team.”
Vox combines global banking and regulatory experience, innovative data solutions, and skilled specialists to
help global financial institutions successfully plan, resource, and deliver regulatory and business change
projects.
Since its creation by Terry Robinson and Brendan Gorman, Vox has built a team of experienced project managers and subject matter experts, supported by trained and resourceful junior staff, to help banking clients address a wide range of regulatory and business challenges.
At the start of this year Vox acquired Delv Global, a business and technology change consultancy specialising in solving challenges in data, technology, regulations, and innovation across finance, risk, product control, operations, treasury, and front office.
Last year Vox unveiled plans to double its Belfast workforce to 50 as part of a £1.5 million investment backed to the tune of £175,000 by Invest NI.