Everything around IT systems and consulting in asset management and investment banking
Thursday, August 23, 2007
Temenos expands German footprint with acquisition of ACTIS.BSP
Temenos, vendor of a core banking system named T24, has bought ACTIS.BSP, vendor of an interesting reference data system (with a WM interface). Besides the fact that this will certainly strengthen Temenos presence in German in general, it will also have an impact on the market for reference data systems in Germany.
Ashmore chooses SimCorp Dimension
Yet another client for SimCorp: Ashmore Investment Management Limited, an investment manager in the UK and with 31.6 billion US $ not exactly small, is dedicated to emerging markets.