Bisys - Announcements, Interviews & News Stories

Bisys says ISS and Glass recommend buyout by Citi

Bisys (NYSE: BSG), a leading provider of outsourcing solutions for the financial services sector, today released the following comment on the recommendations of two independent proxy advisors.

24 July 2007

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Bisys Commercial Insurance Services acquires Truckwriters

Bisys Commercial Insurance Services, a leading provider of commercial property and casualty insurance solutions, today announced its acquisition of Truckwriters, an Atlanta based managing general agency owned by and writing business with Zurich Programs, a business unit of Zurich North America Commercial.

07 February 2007

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Bisys pays $25.1m in SEC settlement

The BISYS Group, Inc., (NYSE:BSG), a leading provider of outsourcing solutions for the financial services sector, announced today that it has made an offer that the Staff of the Securities and Exchange Commission ("SEC") has agreed to recommend that the SEC accept, which would, if approved, settle the previously disclosed SEC investigation into the Company's restatements of its financial results filed with the SEC on August 10, 2004 and April 26, 2006.

06 November 2006

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Bisys settles securities class action lawsuits

The BISYS Group, Inc. (NYSE:BSG), a leading provider of outsourcing solutions for the financial services sector, announced today that it has reached an agreement in principle with the lead plaintiffs to settle the securities class action lawsuit entitled "In re BISYS Securities Litigation" File No. 04-CV-3840 and a related securities action pending against it and certain of its former officers and directors in the United States District Court for the Southern District of New York.

16 October 2006

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Bisys adds GCom financial reporting system to outsouring platform

GCom² Solutions, a financial reporting software firm, and BISYS, a leading provider of outsourcing solutions for the financial services sector, today announced a partnership to provide clients with a powerful end-to-end technology solution for financial administration services, including the preparation of quarterly, semi-annual, and annual shareholder reports.

11 September 2006

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Bisys buys JCH Environmental Insurance Brokers

BISYS Commercial Insurance Services, a leading provider of commercial property and casualty insurance solutions, today announced its acquisition of JCH Environmental Insurance Brokers, the environmental practice of JCH Insurance Brokers, a New York based commercial insurance operation.

08 September 2006

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Bisys unveils AdvisorAdvantage platform

BISYS, a leading provider of outsourcing solutions for the financial services sector, today unveiled its new AdvisorAdvantage suite of services.

05 September 2006

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Bisys reports Q3 profit

BISYS, a leading provider of outsourcing solutions for the financial services sector, today filed its Q3 fiscal 2006 Form 10-Q for the period ended March 31, 2006.

30 August 2006

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Bisys names Paul Yelicanin SVP, product development

BISYS Fund Services today announced the appointment of Mr. Paul Yelicanin as senior vice president of Product Development.

22 August 2006

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Bisys Q1 net income drops

BISYS, a leading provider of outsourcing solutions for the financial services sector, today filed its Q1 fiscal 2006 Form 10-Q for the period ending September 30, 2005.

26 July 2006

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Bisys enhances WealthSolutions SMA platform

BISYS, a leading provider of outsourcing solutions for the financial services sector, today introduced an enhanced version of its WealthSolutions SMA platform with robust fixed income processing technology.

25 July 2006

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Bisys acquires Time Financial Services

BISYS, a leading provider of outsourcing solutions for the financial services sector, today announced its acquisition of TIME Financial Services, Inc., a Woodland Hills, CA - based independent, privately-held planning and insurance consulting organization dedicated to servicing national financial advisory firms.

14 July 2006

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