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23 Results from /wholesale, "Bisys"

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Bisys fined $25m for accounting and reporting violations

New York financial BPO outfit Bisys has agreed to pay around $25 million to settle claims of improper accounting practices and financial reporting violations.

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Citi to buy Bisys for $1.45bn

Citi has signed an agreement to acquire Bisys Group, New York-based provider of back office services to financial institutions, in an all-cash deal worth around $1.45 billion.

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Bisys wins NVE Bank, Bank of Hawaii, NPH contracts

BPO software vendor Bisys is reporting a hat-trick of contracts with NVE Bank, Bank of Hawaii and National Planning Holdings.

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Bisys launches Patriot Act compliance service for hedge funds

New York BPO company Bisys has launched a service designed to help hedge funds comply with the anti-money laundering regulations established by the USA Patriot Act.

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Merrill Lynch extends Bisys outsourcing agreement

Merrill Lynch has extended its outsourcing contract with Bisys to include transfer agency services for its recently launched Dublin-based UCITS umbrella fund.

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Hemisphere combines with Eagle for hedge fund outsourcing

Bisys is to integrate the proprietary technology of hedge fund administrator subsidiary Hemisphere with software from Eagle Investment Systems to create an outsourcing solution for hedge fund sponsors.

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Brief: Morgan Stanley chooses Bisys to support Individual(k) plan

US bank Morgan Stanley has selected technology from Bisys to support its Individual(k) retirement plan.

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Bisys strengthens management team

Bisys, a provider of insurance distribution solutions for financial services, has appointed Mike Kryza as executive vice president, client management, and Michael Martini as executive vice president, business development.

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Bisys appoints Dennis Sheehan as CEO

Sheehan, who is currently Bisys' president and COO, will assume the CEO position on January 1 2003.

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Enterprise Capital Management outsources new retirement plan to Bisys

Atlanta-based Enterprise Capital Management has selected Bisys to support its new private-labeled Individual(k) retirement plan.

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Bisys wins technology mandate at Texan banking start-up

The Right Bank for Texas, a newly-established US community bank, has signed a multi-year outsourcing agreement with Bisys for its core banking platform and services.

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Brief: Old National transfers fund administration to Bisys

Bisys has won an outsourcing contract with Indiana-based Old National Signature Group to support the firm's new family of mutual funds.