DIFC Investments has likely sold Smartstream

DIFC Investments (DIFCI), the investment arm of the company running Dubai's financial free zone, has likely sold software company SmartStream Technologies, resulting in a $68.8 million impairment provision, JP Morgan said in a research note. SmartStream helps investment banks and fund managers with the back and middle-office processing of stock, bond and derivative trades. It has said its clients include three-quarters of the world's top 100 banks. http://m.economictimes.com/PDAET/articleshow/13021080.cms