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A real edition — exactly what your team would receive every week. This is the SRM watchlist for Week 14 (March–April 2026).

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Vendor Intelligence Weekly — SRM Watchlist Week 14  ·  March 26 – April 2, 2026

Supplier & Relationship Management Edition

37 monitored entities  ·  9 categories  ·  Prepared for IT Software Procurement  ·  Delivered: Thursday April 2, 2026

Executive Summary — Priority Alerts

PriorityEntityCategoryWhat happened
HIGH Broadridge / CQG M&A Broadridge signed a definitive agreement to acquire CQG, the multi-asset trading and market data infrastructure provider. Strengthens Broadridge's capital markets front-office capabilities.
HIGH Kyndryl M&A / Financials Q3 FY2026 results: revenue $3.67B (+5.7% constant currency). Signed definitive agreement to acquire Solvinity (Dutch IT managed services, 1,100+ employees) for €545M.
MED LSEG Financials 2025 preliminary results: total income £8.7B (+7.5%). £1B share buyback announced. Data & Analytics grew 7.2%; Capital Markets +10.5%.
MED Finastra Product Integrated CargoX blockchain-based trade documentation into Finastra Trade Innovation, streamlining document handling for trade finance operations.
MED TCS Partnership Extended strategic banking partnership with a major European financial institution for core banking modernisation across multiple markets.

Detailed Company Reports

Broadridge Financial Solutions

HIGH

M&A — CQG acquisition signed (March 31). Broadridge signed a definitive agreement to acquire CQG, a leading provider of multi-asset trading, market data, and infrastructure solutions used by banks, brokers, and buy-side firms globally. CQG serves over 500 firms with low-latency execution, market data feeds, and risk management infrastructure. [Broadridge IR]

The acquisition strengthens Broadridge's capital markets front-office stack, complementing its existing post-trade, wealth management, and communications platforms. No financial terms were disclosed. Subject to regulatory clearances, expected to close in H2 2026.

Procurement watchpoints
  • Review CQG contracts for change-of-control clauses and assignment/novation terms
  • Monitor for product integration roadmap changes once deal closes
  • Broadridge is a publicly traded company (NYSE: BR) — no PE ownership risk, but acquisition activity signals platform consolidation

Kyndryl

HIGH

Financials — Q3 FY2026 results (March 26). Revenue: $3.67B, +5.7% constant currency. Pretax income: $43M (vs. -$161M prior year). Free cash flow positive for second consecutive quarter. Management confirmed FY2026 guidance: revenue $14.5–14.6B, adjusted EBITDA margin 17–17.5%. [Kyndryl IR]

M&A — Solvinity acquisition (March 25). Definitive agreement to acquire Solvinity, a Dutch IT managed services provider with 1,100+ employees and a strong position in regulated industries including financial services and healthcare. Consideration: €545M. Expected close: mid-2026. [Kyndryl Newsroom]

Procurement watchpoints
  • Kyndryl continues multi-year turnaround — improving profitability is a positive signal for service continuity
  • Solvinity acquisition expands Kyndryl's European managed services bench — relevant for institutions with Netherlands operations
  • Review existing Kyndryl contracts for assignment clauses given ongoing portfolio changes

LSEG (London Stock Exchange Group)

MED

Financials — 2025 preliminary results (March 27). Total income: £8.7B (+7.5%). Data & Analytics: £4.9B (+7.2%). Capital Markets: £1.1B (+10.5%). Post Trade: £891M (+5.3%). Refinitiv integration delivered; Workspace platform migration on track. £1B share buyback initiated. [LSEG IR]

Procurement watchpoints
  • Strong growth in Data & Analytics — potential basis for pricing pressure on renewals citing increased value delivery
  • Workspace migration — verify internal teams are on migration track if using legacy Eikon/Thomson Reuters products

Finastra (Vista Equity Partners)

MED

Product — CargoX integration (March 26). Finastra integrated CargoX's blockchain-based electronic Bill of Lading and trade documentation platform into Finastra Trade Innovation. Reduces manual document handling, accelerates document presentation, and improves compliance in letter of credit operations. [Finastra Newsroom]

Procurement watchpoints
  • Vista Equity Partners ownership — monitor for PE exit signals (IPO, secondary sale)
  • Trade finance product enhancements relevant for institutions with significant LC/documentary credit volumes

Nothing to Report (March 26 – April 2)

EntityCategoryNote
AccentureADM & IT ConsultancyNo material news in period
CGI GroupADM & IT ConsultancyNo material news in period
GFT TechnologiesADM & IT ConsultancyNo material news in period
HCL TechnologiesADM & IT ConsultancyNo material news in period
DeloitteAdvisoryNo material news in period
McKinsey & CompanyAdvisoryNo material news in period
PricewaterhouseCoopersAdvisoryNo material news in period
Bloomberg LPBanking Ops & MDSNo material news in period
S&P GlobalBanking Ops & MDSNo material news in period
ICEBanking Ops & MDSNo material news in period
Avaloq (NEC)Banking Private BankNo material news in period
MicrosoftSoftware/CloudCovered in detail in Cloud & Infrastructure watchlists
SAPSoftware/CloudCovered in detail in Enterprise Apps watchlist
About this report. Vendor Intelligence Weekly is an automated monitoring service. All items are sourced from public news, press releases, regulatory filings, and vendor publications. Every claim links to its original source. This service does not guarantee the accuracy, completeness, or timeliness of any information. Recipients should verify critical items independently before acting on them. Nothing in this report constitutes legal, financial, or investment advice. This service processes only the names of legal entities. No personal data is collected, processed, or stored. Contact: briefing@topics.watch

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