capSpire has acquired Lucido, a technology consulting firm with specialist expertise in capital markets and energy trading technologies.
The acquisition brings together capSpire’s global scale and multi-platform experience with Lucido’s deep expertise in derivatives and structured products trading and risk management, expanding capabilities across asset classes and trading technologies.
This marks capSpire’s first acquisition following the company’s growth investment from Falfurrias Management Partners in July 2024.
Expanding Capabilities Across Trading and Risk
Lucido, founded in 2018, has built a strong reputation delivering technology consulting services for complex global trading and risk management systems.
Its client base includes investment banks, central banks, asset managers, hedge funds, and commodity intensive organizations. The firm brings specialized expertise across derivatives trading, data modeling, risk management, and complex energy and commodity scheduling and logistics.
Combined with capSpire’s advisory, delivery, and operations and support capabilities, this strengthens support for clients across the full trading lifecycle.
What This Means for Clients
As trading environments become more complex and interconnected, organizations require integrated capabilities across both energy and commodities and capital markets.
The addition of Lucido strengthens capSpire’s ability to:
- Expand expertise across derivatives and structured products
- Enhance capabilities in trading and risk management systems
- Support complex global trading operations
- Deliver across a broader range of asset classes and platforms
Together, capSpire and Lucido are well positioned to help clients modernize trading platforms, improve decision making, and manage risk with greater confidence in increasingly volatile markets.
Strengthening Our Market Position
This strategic acquisition enhances capSpire’s position as an established partner for global trading organizations.
It expands the firm’s customer base, global reach, and service delivery model, while extending capabilities further into capital markets and deepening its presence across energy and commodities.
Leadership Perspectives
Duncan James, CEO of capSpire, said:
“Lucido is a strong strategic and cultural fit for capSpire. We share a deep focus on trading and risk technology and a commitment to delivering high-quality outcomes for our clients. This acquisition strengthens our ability to support increasingly complex trading environments and reinforces our presence as a global cross-platform, cross-market commodity and energy trading risk management service integrator.”
Sean Kilpatrick, CEO of Lucido, added:
“capSpire’s collaborative, client-focused culture stood out immediately. Joining capSpire gives our team the opportunity to scale our impact and work across a broader range of global programs. We’re excited about what we can achieve together.”
Explore how capSpire supports clients with trading and risk technology across platforms and markets. Learn more about our offerings here.