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Open Solutions Acquires Banking Software Co IA Systems

Monday, June 18, 2007 5:00:00 AM PDT | VentureDeal Staff

GLASTONBURY, CN -- Open Solutions announced the acquisition of IA Systems, Inc. a banking software company.

IA Systems provides software and services that automate lending operations and help to streamline business processes for the financial industry.

Open Solutions acquired IA as part of a strategic alliance with IA's parent company Securian Financial Group.  The strategic alliance will provide insurance related products and services as well as an integrated suite of technology solutions.

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