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Adenza discontinues all operations in Russia

  • March 9, 2022
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Adenza stands with the international community in condemning the unacceptable invasion of Ukraine by the Russian Federation, which has created a humanitarian crisis in the heart of Europe. The Adenza Board of Directors and the Executive Management Team has concluded that Adenza’s ongoing presence in Russia is inconsistent with our values as an organization, and we will therefore discontinue all operations in that country, including terminating our relationships with all Russian customers.

We regret the impact this decision will have on our colleagues in Russia. Adenza has nearly 120 people in St. Petersburg and Moscow, who have been dedicated and valued members of our organization. We thank them for their commitment to the company and our customers, and we will provide support to them as we discontinue our activities in Russia.

The Adenza community is inspired by the resilience and bravery of our colleagues in Ukraine. We continue to support them with practical and financial assistance as they seek safety from war, for themselves and their families. Adenza commits to our employees, our partners, and our customers, that we will be tireless in this mission, and we will continue to uphold our values to be worthy of their trust.

About Adenza

Adenza provides customers with end-to-end, trading, treasury, risk management and regulatory compliance platforms which can be delivered on-premise or on-cloud. Adenza enables financial institutions to consolidate and streamline their operations with front-to-back solutions integrated with data management and reporting, benefitting from a single source of truth across the business.

With headquarters in London and New York, Adenza has more than 60,000 users across the world’s largest financial institutions spanning global and regional banks, broker dealers, insurers, asset managers, pension funds, hedge funds, central banks, stock exchanges and clearing houses, securities services providers and corporates.

www.adenza.com

Press contact

Herve de Laforcade
Global Head of Marketing, Adenza
Email: herve.delaforcade@adenza.com

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