Finastra

554 results about this entity

Period: 06 Dec 2007 - 25 Sep 2024

PE firms circle Reuters Kondor

Thomson Reuters is preparing to sell Kondor, its trade and risk management technology business, attracting interest from private equity firms and vendors, according to the Financial Times.

Takeover speculation fuels Misys share price

Shares in Misys have moved up amid City speculation of an impending bid for the UK banking software and treasury systems house.

Mobey Forum signs up new members

Bank-backed mobile financial services consortium Mobey Forum has signed up another six members this year as industry interest in m-payments continues to grow.

Misys explains its plans for Sophis

Following the completion of the acquisition of Sophis, Mike Lawrie, CEO of Misys, Ed Ho, EVP Treasury & Capital Markets and Pascal Xatart, CEO and EVP Misys Sophis discuss how the two businesses have come together. The acquisition brings more than 1,800 dedicated domain specialists under one roof, with expertise across all functional areas, including trading, investment decision support, portfolio management, risk management, compliance, pricing and collateral management.

Misys Q3 revenue growth boosted by BankFusion momentum

UK fintech vendor Misys has posted a seven per cent revenue rise for the third quarter, boosted by a return to growth for its banking unit as customers sign for the new BankFusion product.

Misys acquires certified US payment engine from GCL

Misys has acquired the intellectual property rights and software relating to a suite of US financial payments products from Canada's Gandacar Consulting (GCL) as it bids to broaden its appeal as a supplier to US transaction banks.

Misys reports flat H1 revenues; to hand over more Allscripts cash to shareholders

Misys has reported flat first half revenues as growth in treasury and capital markets was again offset by a slight decline in banking. Meanwhile, the UK vendor has also revealed it will hand over to shareholders another £145 million from the sale of healthcare unit Allscripts.

Misys agrees £375m Sophis acquisition

UK fintech vendor Misys has agreed to buy capital markets software provider Sophis from private equity firm Advent International in a deal worth around £375 million.

Disruptive clouds gather over banking technology market

Software developer Misys has announced a strategic alliance with Microsoft that will enable it to deliver new banking and capital markets applications through the Windows Azure cloud platform. The launch of the initiative comes as leading banks at the Sibos conference in Amsterdam discuss the disruptive potential of cloud computing on the banking technology market.

Misys Q1 revenue flat

In its first quarter as a pure-play financial services business following the disposal of Allscriptes, Misys has reported flat revenues as growth in treasury and capital markets was offset by a slight decline in banking.

Misys to sell healthcare unit stake; analysts talk up break-up value

Shares in Misys soared 20% in morning trading after the UK software vendor outlined plans to sell most of its stake in US healthcare subsidiary Allscripts for around $1.3 billion and return most of it to shareholders through a stock buyback.

Misys and SmartStream forge post-trade STP tie-up

Fintech vendors Misys and SmartStream Technologies have formed a partnership designed to tackle risk control problems and inefficiency across the trade transaction lifecycle.