News
Capital Market Partners (CMP) Copenhagen renamed LPA Nordics
Dec 17, 2019
LPA, the European market leader in capital market technologies
(CapTech), announces that its Scandinavian subsidiary CMP has been
renamed LPA Nordics A/S, completing the integration of the Copenhagen technology company which it acquired in the early summer of 2019.
Scandinavia is considered one of the world’s most active and advanced
regions with respect to digital transformation. The acquisition of CMP
was therefore the next logical step for LPA to position itself well on
the Scandinavian market – an important driver for regulatory changes –
and to meet the existing demand from local customers.
CMP has since been working very closely with the other LPA locations
and the Israeli LPA subsidiary Modelity on various projects and services
for the group’s international customer portfolio. This also includes a
wide range of activities for further expanding the joint CapTech suite.
To take into account this extensive integration into the LPA Group as
well as this initiated expansion of technological expertise and put a
label on it, LPA decided together with the team at CMP to rename the
company. This means that the Frankfurt-based group is reinforcing its
focus and commitment for the Scandinavion region to fully exploit the
growth potential in the Nordic countries and support local customers
even better. Among other things, this affects asset management, pension
funds and insurance.
Stefan Lucht, co-founder of LPA: “For the whole LPA
Group, Scandinavia continues to be one of the most important strategic
regions. With the acquisition of CMP, we succeeded in considerably
strengthening our presence here and establishing a sustainable footprint
in the north of Europe. Renaming CMP as LPA Nordics is therefore not
mere lip service but the next logical step to further strengthen our
positioning here under a single name.”
Lotte Mollerup, Managing Partner at LPA Nordics:
“For CMP renaming the company to LPA Nordics is an important step . Now
that we are operating under a single flag in Scandinavia, we can also
combine the strengths of the old CMP and our parent company LPA. Their
global reach and technologically driven innovations strengthen our
position and possibilities to further transform the Danish and the
entire Nordic capital market sector.”
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