13 December 2017
visit www.aciworldwide.com

SunGard buys Financial Technology Integrators

07 January 2008  |  6570 views  |  0 SunGard

SunGard has acquired the assets of Philadelphia-based Financial Technology Integrators (FTI), which provides Web services applications to banks, trusts and investment firms. Financial terms of the deal were not disclosed.

Founded in 1999 FTI provides portfolio management, pre-trade compliance, regulatory compliance, integrated performance reporting and modelling systems in a Web services environment.

SunGard says FTI - which will become part of its wealth management unit - provides ASP-based products, data integration and services that help lower costs and increase return on investment for mission-critical operations.

FTI's services combine financial data from legacy systems with a Web-based application to enhance and streamline investment processes and workflows.

"Investment managers are facing a new set of complex challenges in managing their businesses," says Kevin Rafferty, president of SunGard's wealth management business. "In order to help our customers excel in this changing environment we are pleased that FTI has become part of SunGard's growing wealth management business."

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 stories

Wealth management IT spending to hit $28.5bn by 2012 - Datamonitor

Wealth management IT spending to hit $28.5bn by 2012 - Datamonitor

26 October 2007  |  8856 views  |  0 comments
SunGard beefs up securities finance analytics with Astec acquistion

SunGard beefs up securities finance analytics with Astec acquistion

12 October 2007  |  4496 views  |  0 comments
SunGard acquires wealth management vendor AFS

SunGard acquires wealth management vendor AFS

20 December 2006  |  10381 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.solutions.lexisnexis.comvisit www.atos.net

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
12161 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9346 views comments | 16 tweets | 22 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7964 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7346 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7188 views comments | 20 tweets | 11 linkedin

Featured job

Germany, Austria or Switzerland

Find your next job