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Mumbai-based Asset Vantage acquires US firm

IANS  |  New Delhi 

Mumbai-based fin-tech company Asset Vantage on Wednesday announced the of US-based Financial Navigator Inc., an integrated general ledger and portfolio tracking software provider, for an undisclosed sum.

With the addition of Financial Navigator, Asset Vantage will expand into the wealth management accounting software market in North America, the company said in a statement.

"Combining our firms will enable clients to benefit from Asset Vantage's next-generation, fully featured, cloud/mobile-based solution," said Sunil Dalal, Chairman of UniDEL Group, Asset Vantage's parent company, in a statement.

"The entire team at Financial Navigator is eager to join forces with Asset Vantage," added Ed Van Deman, CEO, Financial Navigator.

--IANS

vc/na/vt

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 19 2017. 17:06 IST
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