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News for : March 2008

2008

Mar

06

SunGard acquires Advanced Portfolio Technologies

SunGard has taken over Advanced Portfolio Technologies, Inc. (APT), an IT firm which offers risk management systems and portfolio management solutions to financial organizations.

2008

Mar

06

MarketAxess acquires Greenline Financial Technologies

MarketAxess has taken over Greenline Financial Technologies for a total deal value of USD 42 million. The total deal value comprises of USD 35 million in cash and USD 7 million in MarketAxess shares.

2008

Mar

10

NYSE Euronext acquires Wombat Financial Software

NYSE Euronext has taken over Wombat Financial Software for a sum of USD 200 million. Wombat is a leading provider of market data management solutions.

2008

Mar

10

Mastek takes over Systems Task Group International

Mastek has completed the acquisition of Systems Task Group International for a total deal value of USD 29 million.

2008

Mar

11

SunGard acquires Payformance Corporation’s corporate payments division

SunGard has taken over the corporate payments division of Payformance Corporation, a provider of payment processing solutions to corporations and health care institutions. The financial terms and conditions of the agreement remained undisclosed.

2008

Mar

12

ABeam Consulting completes the acquisition of Catalyst Development

ABeam Consulting has acquired Catalyst Development, a provider of consultancy services to the financial sector. The financial terms and conditions of the agreement were not disclosed.

2008

Mar

12

IBM takes over Encentuate

IBM has taken over Encentuate, an identity and access management solutions provider. The financial terms and conditions of the agreement were not disclosed.

2008

Mar

20

Portrait Software to take over Million Handshakes

Portrait Software has decided to take over Million Handshakes, an outbound campaign management and marketing solutions provider. Portrait Software, a UK based firm, offers customer relationship management solutions.

2008

Mar

03

West Texas Credit Union deploys VERO's check cashing system

West Texas Credit Union (WTCU) has chosen VERO's automated check cashing system to streamline processes, and mitigate fraud risk. VERO enrollment station and ATM was set up at the Americas El Paso branch. The CEO at VERO stated that through this i

2008

Mar

03

British Islamic Insurance Holdings awards eight year USD 173.1 million contract to Capita

British Islamic Insurance Holdings (BIIH) has signed an eight year USD 173.1 million contract with Capita which entails the vendor to offer policy services to BIIH. Capita will deliver services to several Takaful insurance policies which will be laun

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