SunGard MDS Buys Fame

FRONT PAGE: ORGANIZATION & STRATEGY

SunGard Market Data Services (MDS) has signed an agreement to acquire historical data and data management software vendor Fame Information Services, it was announced last week. The move will help SunGard expand its data coverage while allowing Fame’s majority backer Warburg Pincus to spin off its investment.

The deal marks SunGard MDS’s entry into the reference data and historical data area, having concentrated on real-time data, particularly in the US retail equities market, before now. John

To continue reading...