IBS Journal September 2015
Sungard taken over by fellow US financial technology vendor, FIS
Acquisition target February 2003 January 2004
September 2005 September 2005 July 2007 April 2009
October 2010 February 2011 March 2013 May 2014
September 2014 August 2015
Alltel Information Services, banking software developer with international operations; US-based Fidelity Information Services (FIS) is created
Sanchez Computer, banking software developer; US-based Certegy, cheque and card processing vendor; US-based
Kordoba, provider of core processing and outsourcing solutions; Germany-based EFD/eFunds Corporation, payments processor; US-based
Metavante, banking, financial services and payments vendor (14,000 customers); US-based Capco, financial services, banking and payments technology consultancy firm; US-based Gifts Software, wire transfer, AML, Swift interface solutions vendor; US-based mFoundry, mobile banking and payments provider; US-based
Reliance Financial, wealth management and outsourcing solutions; US-based Clear2Pay, payments software vendor; Belgium-based
Sungard, banking and financial services software & solutions provider; US-based 1 FIS gains a 67.5 per cent stake in the merged entity, Certegy retains 32.5 per cent
...continued from front page
Notable acquisitions by Fidelity/FIS in the FI and payments space, 2003 to date Date
Price $1.05 billion
$175 million Merger1
$163.2 million $1.8 billion
$2.94 billion (in stock) $292 million Not disclosed $120 million $110 million
€375 million ($480 million) $9.1 billion
BOOST
www.allevo.ro
Banking On Open Source Technologies
financial interoperability worldwide Eating the financial world Open Theatre One Monday 12 October at 12:15
www.fintp.org
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