US-based Vista Equity Partners has completed its acquisition of Misys, having defeated an earlier move by wealth technology firm Temenos to merge with the UK business. As part of this acquisition, Misys and Turaz, the business that includes the Kondor+ product line, are now one company operating as one under the name “Misys”, according to
Euro slumped broadly on Monday as soaring bond yields in Spain rekindled worries about the fragile state of the euro zone economy, while broad risk-averse sentiment lifted the yen to a seven-week high against the dollar. Watching risk of bank system impact from Europe: Bank of Japan chief | Reuters http://j.mp/HMkRPr
For the third day, Temenos has suffered the consequence of the break-up with Misys.