Brief: Bisys acquires Banking Spectrum retirement assets

Brief: Bisys acquires Banking Spectrum retirement assets

Bisys has acquired New York-based Banking Spectrum's retirement plan services business for an undisclosed sum.

Banking Spectrum's retirement plan services business supports 50 banks and credit unions with retirement plan prototypes, documents, training, and related support services.

Christopher Guarino, president of Bisys' retirement services, says the deal will help expand the company's market presence in the North East of the country.

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