Temenos Group, maker of the T24 core banking solution, is moving to aggressively take advantage of the “fast-growing fund administration market” via the $248.7 million (€235 million) acquisition of fund administration software vendor Multifonds, which has been in the market since 1995 and has more than 30 of “the world’s largest financial institutions” on its… Read More >>
No Layoffs after Wolters Kluwer Acquires FinArch
No Layoffs after Wolters Kluwer Acquires FinArch No layoffs are planned as a result of Wolters Kluwer Financial Services’ acquisition of FinArch, say officials at Wolters Kluwer, maker of risk management, compliance and audit solutions.As part of the agreement announced this week, Wolters Kluwer will get FinArch’s approximately 200 employees and more than 150 customers…. Read More >>
