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44 results about this entity

Period: 23 Sep 2004 - 20 Jun 2019

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Finextra50 hits all-time low

Finextra50 hits all-time low

Despite big gains for Bravura, i-Flex and Computershare, the Finextra50 Financial Technology Index fell 3.75% to 81.62 last week, as negative sentiment in the US market dragged down valuations of some of the index's largest constituents.

EDB sells Swedish unit to BancTec

EDB sells Swedish unit to BancTec

Nordic IT services group EDB Business Partner is selling its Swedish subsidiary Inndata to US BPO vendor BancTec. Financial terms of the deal were not disclosed.

Thomson Reuters and EDB drag Finextra50 down 3.1%

Thomson Reuters and EDB drag Finextra50 down 3.1%

Led by major falls for Thomson Reuters, Bravura and EDB, the Finextra50 Financial Technology Index closed Friday at 84.8, down 3.1% for the week.

TietoEnator slumps as bid talks end

TietoEnator slumps as bid talks end

Shares in Scandinavian IT services vendor TietoEnator slumped in morning trading after it said talks with potential suitors had ended without any firm offers.

Patsystems and Misys lead Finextra50 down

Patsystems and Misys lead Finextra50 down

The Finextra50 Financial Technology Index slipped two per cent to 88.21 last week, with London-based Patsystems recording the biggest fall after it warned of a profit shortfall in the first half of the year.

TietoEnator rises on EDB merger rumours

TietoEnator rises on EDB merger rumours

Shares in Nordic IT services firm TietoEnator gained in morning trading following press reports that the company could be merged with rival EDB Business Partners if it is acquired by private equity outfit Cidron Services.

Norwegians love Web banking

Norwegians love Web banking

Nearly the entire adult population of Norway - about four million people - now use Internet banking services, according to bank processing firm EDB Business Partners.

Finextra50 dips slightly to 100.18

Finextra50 dips slightly to 100.18

European share prices fell again last week, weighed down by banking stocks, while the US markets were down by less than one percent. The Finextra50 closed down 1.48%, with small falls across many index constituents offset by some impressive gains from Chordiant Software, EDB Business Partner and Factset Research.

Finextra launches Finextra50 fintech index

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

EDB buys Swedish card processor Cekab

EDB buys Swedish card processor Cekab

Nordic IT services group EDB Business Partner has signed an agreement to acquire Centralen för Elektroniska Korttransaktioner (Cekab) - a Swedish card processing company established by Swedbank, Nordea, Svenska Handelsbanken and Danske Bank - for a total of Skr257 million.

EDB buys 60% stake in Infopulse Ukraina

EDB buys 60% stake in Infopulse Ukraina

Nordic IT services group EDB Business Partner has agreed to pay a total of US$6 million for a 60% stake in Infopulse Ukraina, which provides nearshore BPO services to financial services firms in Western Europe and the US.

Swedbank chooses EDB software and services for Norwegian expansion

Swedbank chooses EDB software and services for Norwegian expansion

Stockholm-based Swedbank has signed a five year contract, worth around NKr35 million, with EDB Business Partner for the supply of banking technology to support the expansion of its operations in Norway.

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