Teciem, backed by the Apax Funds, launched following acquisition of Finastra
09 February 2026 UK
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Teciem has launched as a new treasury and capital markets software provider following the completion of the acquisition of Finastra’s Treasury and Capital Markets (TCM) division by the Apax Funds.
The Apax Funds are backing the newly established company, with the investment aimed to support product development and talent growth across the business.
From launch, Teciem serves more than 340 financial institutions.
Headquartered in London, Teciem is led by CEO Wissam Khoury.
Khoury has more than 25 years’ experience in financial technology and previously served as executive vice president of Finastra’s TCM business unit, where he led the division over the past four years.
All 1,300 employees from Finastra’s treasury and capital markets division, including the senior leadership team, have transitioned to Teciem as part of the launch, with the company stating this is intended to ensure continuity for customers across products, services and relationships.
Khoury says: “As a standalone business dedicated to providing industry-leading treasury and capital markets software and services, Teciem is focused on delivering excellence and accelerating innovation across our product portfolio.
“With the backing of Apax and their deep expertise in supporting the growth of technology businesses, we’ll be investing further in product development and technology, delivering even greater value to our customers.”
Gabriele Cipparone, partner at Apax, adds: “The closing of this transaction allows Teciem to progress with clarity, focus and independence. We look forward to supporting Wissam and the senior leadership team on the exciting journey ahead.
“Teciem’s market-leading software, deep customer relationships and strong global team puts it in an excellent position to invest in its product roadmap, continue supporting clients’ evolving needs, and build on the capabilities that have made it a trusted partner across treasury and capital markets.”
The Apax Funds are backing the newly established company, with the investment aimed to support product development and talent growth across the business.
From launch, Teciem serves more than 340 financial institutions.
Headquartered in London, Teciem is led by CEO Wissam Khoury.
Khoury has more than 25 years’ experience in financial technology and previously served as executive vice president of Finastra’s TCM business unit, where he led the division over the past four years.
All 1,300 employees from Finastra’s treasury and capital markets division, including the senior leadership team, have transitioned to Teciem as part of the launch, with the company stating this is intended to ensure continuity for customers across products, services and relationships.
Khoury says: “As a standalone business dedicated to providing industry-leading treasury and capital markets software and services, Teciem is focused on delivering excellence and accelerating innovation across our product portfolio.
“With the backing of Apax and their deep expertise in supporting the growth of technology businesses, we’ll be investing further in product development and technology, delivering even greater value to our customers.”
Gabriele Cipparone, partner at Apax, adds: “The closing of this transaction allows Teciem to progress with clarity, focus and independence. We look forward to supporting Wissam and the senior leadership team on the exciting journey ahead.
“Teciem’s market-leading software, deep customer relationships and strong global team puts it in an excellent position to invest in its product roadmap, continue supporting clients’ evolving needs, and build on the capabilities that have made it a trusted partner across treasury and capital markets.”
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