Another acquisition that clearly shows the trend to solutions that are able to handle the complexity of multiple jurisdictions which are the prerequisite for global management.
It will be interesting to see how this transaction will influence potential clients to opt for RIVA as their new TA system now that it's being owned by an investment management organisation.
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Monday, October 08, 2007
Franklin Templeton Investments Acquires Majority Stake in Riva Financial Systems
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