Jack Henry acquires iPay Technologies
Jack Henry & Associates, Inc., provider of integrated computer systems and services to financial firms acquires iPay Technologies, LLC provider of electronic bill payment products and services.
Fiserv accomplishes the acquisition of AdviceAmerica
Fiserv, provider of information management and electronic commerce systems and services, completes the acquisition of AdviceAmerica, provider of financial planning solutions to financial institutions.
SBI Holdings acquires interest in Commercial bank of Ceylon
SBI Holdings Inc., based in Japan acquires 9.99 percent stakes in Commercial bank of Ceylon, a leading commercial bank in Sri Lanka.
FactSet completes Market Metrics acquisition
FactSet Research Systems, a global provider of financial information completes the acquisition of Market Metrics, a leading US based market research firm with particular focus on insurance and investment products.
Trading Technologies International completes TickIt acquisition
Trading Technologies International, Inc., a leading provider of trading software for derivatives professionals completes the acquisition of TickIt Trading Systems, LLC, a provider of sophisticated tools for traders.
Jefferson Bank acquires First National
The Jefferson Bank acquires all assets of First National Bank. Both the banks are based in Mississippi.
Swissquote Bank acquires Tradejet
Swissquote Bank Ltd., a leading name in online trading acquires all stakes in Tradejet AG.
Series C funding adds USD 7 million to Firm58’s capital
Firm58, a provider of financial management solutions to capital markets firms raises USD 7 million in Series c funding. The funding round is led by New World Ventures and North Bridge Venture Partners, current investors in the company.
LPL Financial files for USD 600 million IPO
LPL Financial, one of the largest brokers in U.S. filed a USD 600 million Initial Public Offering. Private-equity firms Hellman & Friedman LLC and TPG Capital currently holds more than 72 percent stakes in the firm.
Microsoft sells convertible senior notes worth USD 1.15 billion
Microsoft Corp. sells USD 1.15 billion of convertible senior notes due 2013. It undertakes the sale as part of it strategy to substitute short term borrowings with a long term one.