March 05 - 15:03
Cognizant acquires fintech innovator Meritsoft
Cognizant has scooped up financial software company Meritsoft. The acquisition boosts Cognizant's software-as-a-service options. Meritsoft's FINBOS platform is known for post-trade processing, intelligent automation for managing taxes, fees, commissions, and cash flow functions between financial institutions. Meritsoft products are used by five of the world's eight leading investment banks.
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