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Cognizant acquires Ireland-based financial software firm Meritsoft

Meritsoft is best known for its FINBOS platform for after trade processing

BS Reporter 

The Nasdaq-listed firm is also betting big on acquisitions to strengthen its digital capabilities

US-based IT major has announced an acquisition of Meritsoft, a privately held financial software company based in Dublin, Ireland, to expand its software-as-a-service platforms.

Financial details of the transaction were not disclosed.

is best known for its platform for after trade processing, an intelligent automation solution for managing taxes, fees, commissions, and cash flow functions between financial institutions.

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First Published: Wed, March 06 2019. 02:01 IST
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