2009

Jan

12

Brady acquires Comsoft

Brady, a trading, risk management and settlement solutions provider, has announced the acquisition of Commodities Software (UK) Limited (Comsoft).

2009

Jan

20

I.R.I.S. acquires Corismo

I.R.I.S. has acquired Corismo, an IT consultancy firm, to expand its client base. As per the financial disclosures, I.R.I.S. paid EUR 2.4 million (USD 3.1 million converted on 01/21/09) additional cash at the time of the transaction.

2009

Jan

22

Sybase acquires Paybox

Sybase has taken over Paybox, a German mobile payments operator. The financial terms and conditions of the agreement, signed in November 2008, remain undisclosed.

2009

Jan

02

JP Morgan Chase & Co. adopts Information Mosaic's corporate actions solution

JP Morgan has deployed a corporate actions system from Information Mosaic to integrate its global corporate actions processes in one location with a single software vendor. It makes processing of corporate events faster, thus giving more time to cust

2009

Jan

01

Ireland to set up outsourcing business

Cost pressures have affected Irish IT companies just as the rest of the world. Moreover, in order to beat these challenges, the firms are increasingly sending development work to India while keeping the project and account management in the home coun

2009

Jan

03

Seven member investor group to purchase troubled IndyMac Bank

IMB Management Holdings LP, which is formed by seven investors, will buy IndyMac Bank for USD 13.9 billion. These seven investors include Dune Capital Management, Dell's investment firm MSD Capital, J.C. Flower & Co., Stone Point Capital, Paulson & C

2009

Jan

05

uMonitor to provide online account opening and funding solution to Standard Bank and Trust

Standard Bank and Trust has chosen uMonitor's uOpen & uFund solution to facilitate online account opening and funding process, according to a recent announcement by uMonitor. uMonitor is a technology provider that offers solutions and services for

2009

Jan

05

Hedge Funds to trim IT spending in 2009

Hedge Funds' IT spending will drop by 20.5 percent touching a low of USD 1.35 billion by the end of 2009, says a recent Celent report. Wall Street downturn, restructuring of the capital markets and the change in technology preferences will shape the

2009

Jan

06

Sterling Savings Bank selects disaster recovery and business continuity solution from IT-Lifeline

Sterling Savings Bank has opted for IT-Lifeline's Disaster Recovery and Business Continuity (DR/BC) solution. The bank has undergone the business continuity planning process using IT-Lifeline's solution, which helped it to assess both internal and ex

2009

Jan

06

Millennium Management LLC selects GlobeOp Financial Services for Fund Administration

Millennium Management LLC has chosen to outsource its fund administration to GlobeOp Financial Services for Millennium USA, LP, Millennium International, Ltd., and Millennium Global Estate, LP. GlobeOp Financial Services began providing administratio