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SunGard buys Sweden's Mindwell

07 October 2010  |  6657 views  |  0 handshake

SunGard has acquired Swedish financial technology consultancy services firm Mindwell. Financial terms of the deal were not disclosed.

SunGard says the acquisition will strengthen its capital markets expertise in Sweden, Switzerland and the Netherlands, where Mindwell has offices.

The Stockholm-based outfit already has a relationship with SunGard Front Arena and claims AIG, Credit Suisse and Nordea among its clients.

Juerg Hunziker, president, Adaptiv and Front Arena, SunGard, says: "Mindwell has a strong reputation for combining specialist systems expertise with capital markets domain knowledge. It has provided tangible benefits to capital markets organisations globally."

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