Kapiti's Purchase By U.K.'s Misys May Drive Expansion For N.A. Unit
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As a result of Misys PLC's recent acquisition of Kapiti Ltd., New York-based Kapiti Inc. may expand its North American coverage of the trading room systems marketplace. The U.S. unit, which is now an independently operating subsidiary of Misys, has its eye on Toronto, Chicago and Miami as potential expansion locations. And with the fiscal strength of its new parent -- a U.K.-based computer software and services group -- behind it, Kapiti Inc. can now afford to look into enhancing its trading
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