Banyan Software, a company that acquires and supports mission-critical software businesses for the long term, is pleased to announce the acquisition of Tapaas Pty Limited (“Tapaas”), the premier provider of real-time, cloud-based risk management solutions for retail FX and CFD brokers.
Founded in 2014 and based in Sydney, Australia, Tapaas was created to enable brokers to control and leverage risk in the fast-moving and ever evolving retail trading markets. Its platform offers a comprehensive suite of real-time risk management capabilities including exposure monitoring, trader surveillance, anomaly detection, liquidity analysis and complex actionable insights with automated response across multiple trading systems and liquidity providers.
About Tapaas Pty Limited. Founded in 2014, Tapaas provides brokers with advanced real-time risk analytics to provide insights and help optimally manage their risk exposures in dynamic retail trading environments. The platform is designed to support high-frequency trading with comprehensive visibility, automation, and decision support. For more information, visit tapaas.com.
About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. Banyan’s mission is to acquire, build, and grow great software businesses all over the world with dominant positions in niche verticals. Founded in 2016, the company follows a buy-and-hold-for-life strategy, and is set up with a permanent capital base to preserve the legacy of founders. As a purpose-driven company, Banyan is committed to making an enduring, positive impact on the world. For more information, see banyansoftware.com/apac
