Premier Solutions Ltd. Buys P'folio System Vendor NIDS


Malvern, Pa.-based Premier Solutions Ltd.--a privately held company that markets and develops asset management software and services primarily to insurance companies and pension funds--has acquired National Investor Data Services Inc. (NIDS). The purchase agreement, signed in New York on Oct. 2, gives Premier an immediate presence in the institutional investor marketplace. Based in Southampton, N.Y., NIDS brings to Premier a client base which includes, among others, Oppenheimer Capital Corp.

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