Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, Fintech, DeFi, Blockchain, Web 3 News

SunGard Acquires Finetix

SunGard announced today that it has acquired New York based Finetix LLC, a leading technology consulting firm focused primarily on the financial services sector. The transaction, the terms of which were not disclosed, is not expected to have a material impact on SunGard’s financial results.


Finetix has delivered systems for customers trading in capital markets for over a decade. Using agile and other iterative software development approaches, Finetix specializes in custom trading, risk management, and e-commerce solutions for global financial institutions, service providers, and hedge funds. Finetix will be integrated into SunGard’s existing Consulting Services business.

“The acquisition of Finetix supports our commitment to providing comprehensive business and technology solutions to the financial services industry,” said Doug Wendler, president of SunGard Consulting Services. “Finetix brings technology innovation and leadership as well as extensive industry experience to our organization that will help us to expand our offerings and thus better serve our customers.”

About SunGard Consulting Services

SunGard Consulting Services' understanding of business processes in financial services and energy, together with our expertise in information technology and knowledge of SunGard products, helps us mitigate project risk and provide a single point of accountability for projects that differentiates us from other consulting organizations. For more information, visit http://www.sungard.com/consultingservices

About SunGard

With annual revenue exceeding $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector.SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business.SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com.

Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

www.sungard.com

Lundi 23 Avril 2007



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