18 August 2017
visit www.avoka.com

Swallow Tech merges with Placid

14 October 2004  |  2520 views  |  0 handshake

Swallow Tech, a UK provider of financial reconciliation technology, has merged its operations with Belgium-based vendor Placid.

SwallowTech says the combined company now provides reconciliation technology to over 200 customers in more than 50 countries.

Tony Waszkiewicz, CEO, Swallow Tech, told Finextra the merged company will continue to run its operations in the UK and Belgium and has no plans to reduce staff.

He says in the longer term the firm plans to merge the Swallow Tech and Placid product ranges into one product line.

Commenting on the move, Gustave Belvaux, MD, Placid, says that the merger guarantees the long term life of Placid's technology.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.abe-eba.eudownload the paper nowvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
7601 views comments | 22 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7281 views comments | 19 tweets | 23 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6013 views 1 | 5 tweets | 3 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
5964 views comments | 10 tweets | 7 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5839 views comments | 11 tweets | 9 linkedin

Featured job

Find your next job