22 October 2017
Find out more

Fiserv acquires Catapult Technology

06 August 2001  |  933 views  |  0 Fiserv acquires Catapult Technology

Fiserv has acquired Catapult Technology Limited, a London-based provider of private banking, treasury management and international banking technology solutions and services.

Five-year old Catapult supplies a suite of back and middle-office software products under the MetaBank brand name.

Keith Williams, Catapult managing director says of the deal: "With its global reach, Fiserv will help us distribute our products much more widely. The financial strength of Fiserv ensures we'll continue to provide the solutions, services and support our clients expect."

The company will become part of the CBS Worldwide division of Fiserv, and will retain its existing management team and staff, he says. Terms of the deal were not disclosed.

"Acquiring Catapult helps position Fiserv within a significant market," says Norman Balthasar, president and chief operating officer of the Fiserv financial institution group. "Financial institutions of all types are increasingly looking to offer highly personalised services to their top-tier clients, and are running ever more sophisticated treasury operations. Catapult solutions are designed to meet this specific need."

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)
Register nowvisit www.niceactimize.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
11591 views comments | 17 tweets | 24 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
11355 views comments | 22 tweets | 27 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9311 views comments | 13 tweets | 10 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
8405 views comments | 10 tweets | 22 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8352 views comments | 9 tweets | 18 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job