Too Cool for Internet Explorer

Welcome to this blog!

Profil Ronald Knecht've found a bilingual blog, so please choose "English" or "German". The blog represents personal views on IT systems and consulting in the asset management and investment banking market and focuses predominantly but not exclusively on issues in German speaking countries, respectively countries with a German speaking sub-community (DE, AT, CH, LU, LI, BE, IT).

For more information about this blog check out the blog note: I-2008 or all blog notes

Saturday, September 20, 2008

Financial Objects is now part of Temenos

Temenos, the vendor of the core banking system T24 has completed the acquisition of Financial Objects, a supplier of wealth and portfolio management software solutions.

Obviously Temenos is diversifying its portfolio of offerings and doesn't want to wait for organic growth and self-developed systems in that area.

Perhaps Tememos wants to merge Financial Objects' systems into its own wealth management module of T24...