Creditex, during TA's investment, was a provider of electronic execution services in the credit derivatives market in London and New York.
Creditex then offered straight-through processing and market standardization initiatives, allowing its client base to increase trading volumes, while reducing operational risk and transaction costs.
The Company was acquired by IntercontinentalExchange, Inc. (NYSE: ICE) in August 2008.
Sector
Technology | Financial Technology
Investment Year
2005
Status
Past | Acquired by IntercontinentalExchange, Inc.
Headquarters
New York, NY