Misys To Acquire Cats Software For $60 Million

TECHNOLOGY SPOTLIGHT

LONDON--UK-based Misys intends to acquire Cats Software for $60 million, and if successful, Misys could become a major provider of integrated, enterprise-wide risk management products supported by a global software vendor.

The enterprise-wide risk management products will be offered through Midas-Kapiti International (MKI), the largest business of the Misys Banking and Securities Division. With Cats, MKI will be able to offer data warehousing, as well as deal capture, position keeping, liquidity

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