BetaNXT Acquires Delta Data to Expand Wealth Management Tech Solutions 

BetaNXT, a wealth management technology provider, has announced the acquisition of Delta Data, a global investment fund solutions firm, through its affiliated entities. The acquisition aims to enhance BetaNXT’s suite of capabilities, including trade management, mutual fund sub-accounting, revenue management, transfer agent functionality, fee management, and compliance tools for asset managers. 

“Delta Data’s products, and commitment to simplifying investment fund processing and oversight through innovative technology that enables data connectivity, will enhance our ability to address pain points for a broader spectrum of clients in the asset and wealth management industry,” said Bob Santella, CEO of BetaNXT.   

Founded in 1985 and headquartered in Columbus, GA, Delta Data specializes in operational software solutions for fund distributors, asset managers, and transfer agents, streamlining mutual fund transaction processing and data management. 

Backed by Clearlake Capital Group and Motive Partners, BetaNXT integrates wealth management solutions into a single platform, with Delta Data’s technology set to be fully integrated into BetaNXT’s DataXChange, which simplifies data exchange for wealth managers and their partners. 

“We believe that BetaNXT’s solutions, which power the Connected Wealth experience, will take our offerings for the mutual fund and pooled fund space to the next level, and allow the distributors, asset managers and transfer agents we work with to do more with their data than they ever imagined,” added Cameron Routh, CEO of Delta Data.     

BetaNXT was advised by Sidley Austin LLP, while Delta Data was represented by D.A. Davidson LP and JonesSpross LLP.