Tibco Software has acquired privately-held DataSynapse, in a cash transaction valued at approximately US$28m. DataSynapse is an enterprise grid and cloud computing software firm with a client base of more than 100 financial services and telecommunications clients.
DataSynapse products provision and manage applications across physical, virtual and cloud-based environments. Customer benefits include improved utilisation of data centre resources, lower IT capital expenditures, reduced time to deployment of enterprise applications, and increased performance of mission-critical systems. The acquisition will complement Tibco’s strategy and products for distributed software infrastructure and cloud computing.
DataSynapse co-founders, Peter Lee and Jamie Bernardin, will join the Tibco management team and continue to lead the growth and development of the DataSynapse business.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more