SS&C acquires Tradeware Global
SS&C Technologies has bought Tradeware Global, a broker-neutral provider of systems for electronic access to global equity markets. The financial terms and conditions of the deal were not disclosed.
First American Payment Systems acquires Canada’s IATS
First American Payment Systems (FAPS) has acquired International Automated Transaction Service (IATS), a division of Ticketmaster Canada.
Progress Software has acquired Savvion, a vendor of BPM technology
Progress Software Corporation has bought Savvion Inc., a business enterprise software company for approximately USD 49 million, net of cash acquired. Progress Software Corporation is a software provider that enables enterprises to be operationally responsive.
Ebix acquires Brazilian firm MCN
Ebix Inc. has acquired MCN Technology & Consulting (MCN) to target the insurance industry in the Latin American market. Ebix is an e-commerce software and services provider whereas MCN provides a wide array of IT products and services.
Zions Bancorporation implements SAP BusinessObjects
Responding to the changing times, Zions Bancoportation deployed SAP BusinessObjects Profitability and Cost Management solution that helped in better transparency and operational control.
Dynamic Card Solutions signs deal with Glacier Bancorp for un embossed visa card
Glacier Bancorp and Mountain West Bank customer will be having an access to un embossed Visa debit cards. The signing of the deal will also allow customers to choose card background image from the gallery of images.
Commercial Bank to be upgraded by IBT’s integrated technology suite
Commercial Bank has signed a deal with IBT for technology suite. Bank has successfully installed some of the technology suite of IBT in past and is considering the same option for future where all the systems will be upgraded by IBT’s total integrated solutions.
Sander Capital to outsource its mid-office operations and fund administration to Northern Trust
Sander Capital selects Northern Trust for its mid – office and fund administration outsourcing. Outsourcing investment operations and fund management, Sander Capitals can concentrate on its core business and achieve the mission of superior returns of investments.
Multi-year payment services agreement between Tsys and Caterpillar Inc.
Caterpillar Financial Services Corporation entered into agreement for TS2 platform and TSYS CounterPASS. Both the applications will support 900 caterpillar dealer locations in USA.
BMO Capital Markets and BancTec sign a BPO deal
An agreement was signed between BancTec and BMO capital Markets that will allow BancTec to handle billions of payments every year. Although BancTec has been servicing lockbox services to BMO Capital Markets but it is regulated under different agreement.