Deloitte Expanding in Investment Technology With Reformis Buy

Deloitte, the Big Four accounting firm, said Thursday it was bolstering its consulting business with the acquisition of Reformis, a UK-based investment management technology company.

Reformis was founded in 2003 and has some 90 employees. It is a specialist in providing and implementing data and technology solutions to the investment and wealth management sector.

• “Reformis’s experience that will complement our existing capabilities in a way that is critical to meeting our clients’ needs,” Tony Gaughan, vice chair and investment management EMEA co-leader at Deloitte, said in a statement.
• Reformis’s CEO and chair are both expected to become partners, Deloitte said. ...