2008

Oct

06

RiskMetrics Group acquires Applied4 Technology

RiskMetrics Group, a provider of financial analytics solutions, has taken over Applied4 Technology.

2008

Oct

08

Fundtech acquires Synergy Financial Systems

Fundtech’s Swiss subsidiary BBP has taken over Synergy Financial Systems in a deal valued at GBP 3.6 million (USD 6.2 million converted on 10/09/08). Synergy Financial Systems is a Swift service bureau based in the U.K.

2008

Oct

09

Moody's Corporation takes over Fermat International

Moody's Corporation has completed the acquisition of Fermat International,

2008

Oct

15

Financial Technologies (India) Ltd acquires ACE Group

Financial Technologies (India) Ltd has taken over a significant equity stake in Audit Control & Expertise Global Limited (ACE) Group.

2008

Oct

02

Siam City Bank chooses Alcatel-Lucent's enterprise communications solution

Siam City Bank (SCIB) has chosen Alcatel-Lucent OmniPCX Enterprise communications server to improve customer service. The terms and conditions of the agreement remained undisclosed. Under the agreement, Siam City Bank will replace its tradition

2008

Oct

02

Orange Business Services bags three year deal from VP Bank to deliver managed services

VP Bank has inked a three year deal with Orange Business Services that entails the vendor to deliver managed services. Orange Business Services will deploy the solution initially at the bank's new offices located in Dubai and Singapore. Later on,

2008

Oct

02

Affirmative Insurance adopts Accenture's claim components solution

Affirmative Insurance Services, an auto insurance provider, has deployed Accenture's Claim Components Solution. The financial terms and conditions of the agreement remained undisclosed. The software implementation is a part of the insurer's IT tra

2008

Oct

02

Senate approves bailout plan

The senate has approved the controversial financial bailout similar to the original plan rejected by the House of Representatives earlier. Both presidential candidates Sens. Barack Obama and John McCain supported the plan. The bailout was finally

2008

Oct

01

Allianz Insurance opts for edgeConnect solution

Allianz Insurance, a leading U.K. based insurer, has chosen Edge IPK's edgeConnect open presentation platform. The solution will allow Allianz Insurance to provide commercial SME insurance products to its brokers. The insurer will replace its exis

2008

Oct

01

SocGen deploys Thunderhead's document generation technology

Societe Generale Corporate & Investment Banking (SG CIB) has implemented Thunderhead's document generation technology that replaces an in-house back office system. The new technology will allow the bank to automate equity derivative trade confirmatio