COR gains a BITA risk future

COR Financial Solutions, a provider of software for asset management, banking and trading, is to buy London-based BITA Plus Consultants, a creator of risk management systems for financial markets, for £2.3m.

The acquisition is intended to be a strategic extension of COR's range of software services with the view that more sophisticated risk analysis will have a greater role to play in asset management over the coming years.

Steve Osborne, chairman and chief executive officer of COR, said: 'Fund ma

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