Cmark Treasury Back Office System Is Not Dead, Says Midas-Kapiti

VENDORS & SERVICES

MIDAS-Kapiti International officials say the vendor's veteran Cmark treasury back office system is "not dead", adding that the product has recently been licensed to two banks: Credit du Nord and Societe Marseillaise de Credit.

These two sales were made by Quotient France, the Paris-based partially owned Midas-Kapiti subsidiary that also markets Summit Systems' applications in mainland Europe.

Midas-Kapiti contacted RMO to refute speculation that the vendor's recent acquisition of the Frustum G