Temenos Group, the Swiss provider of integrated banking systems, has acquired ACTIS.BSP, a German vendor operating in the same area and subsidiary of Flexible Manage-ment Systems. The deal was completed at a price of $19 million and is expected to contribute $20 million of revenues to Temenos over the next 12 months. Temenos says the deal will give it access to the German market and an additional client base of more than 30 financial institutions as well as 144 new staff.
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails