Abrigo Buys TPG Software
Summary
Abrigo, an Austin, TX-based provider of compliance, credit risk, and lending solutions for financial institutions, has acquired TPG Software, a Houston, TX-based company which specializes in investment accounting and management solutions. TPG Software expands Abrigo’s suite of technical accounting solutions and strengthens its risk management and reporting capabilities. Led by Ursula Felmet, CEO, TPG Software provides financial software solutions to optimize critical risk management, accounting, and reporting processes for a diverse range of investments, spanning fixed income, derivatives, and various assets. The solutions integrate automated transaction approval into institutional workflows, ensuring alignment with investment policies and risk profiles. Moreover, TPG simplifies accounting complexities by consolidating general ledger entries and comprehensive reporting on a unified platform.
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