Takeover in asset management technology systems

Odyssey Financial Technologies, a provider of private banking and wealth management software solutions, has bought CAfIT, a specialist provider of fixed-income, derivatives and balanced fund solutions for asset managers. According to Odyssey, the acquisition will make it "the leading vendor of a single front/mid-office systems platform applicable throughout the entire investment and wealth management sector". It will also increase its capacity. The CAfIT product set will still be available as a

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