Fiduciary services provider Ocorian has acquired US-based capital markets service provider Emphasys Technologies.

The deal - agreed on 4 March - is expected to complete later this month.

Emphasys Technologies specialises in tax reporting and calculation agency services to asset-backed transactions.

Founded in 1988 by Jeff Stone, Emphasys Technologies provides capital markets services, using its experience of modelling asset-backed transactions and related tax returns, as well as its software that helps it deliver solutions.

The business will continue to be led by Mr Stone and David Anthony, managing ...