Sungard's Infinity Acquires OSM For Collateral Management


LONDON--Infinity has bought One Stop Margin (OSM) from Synamic. OSM is a global collateral management system that is designed to automate compliance with diverse legislation across jurisdictions while supporting major agreements like those presided over by ISDA, PSA, IFEMA and ISMA.

The terms of the acquisition have not been disclosed but SunGard Data Systems, Infinity's parent company, does not expect this deal to materially affect its financial results for 1999.

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