3i Infotech

10 results about this entity

Period: 20 Oct 2006 - 27 Apr 2009

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JPMorgan shifts retail lockbox business to 3i Infotech

JPMorgan shifts retail lockbox business to 3i Infotech

JPMorgan is to sell its national retail lockbox business to Indian IT company 3i Infotech.

Patsystems share price soars on ION Trading rumours

Patsystems share price soars on ION Trading rumours

The Finextra50 Financial Technology Index held steady last week, with acquisition news and rumours driving up share prices for Patsystems and SSP Holdings. Other gainers include 3i Infotech and Interactive Data, while Fidelity NIS led the fallers.

Orc hit by downgrade as Factset rises on positive Q2

Orc hit by downgrade as Factset rises on positive Q2

The Finextra50 Financial Technology Index held steady at 83.49 last week. Orc Software led the fallers, dropping almost 18% after analysts downgraded the company based on exposure to the weak US dollar. Factset Research Systems led the gainers after reporting second quarter earnings and reassuring the market that Bear Stearns was not a major client of the firm.

Indian fintech vendors battered again

Indian fintech vendors battered again

Continuing market volatility resulted in Indian fintech stocks taking a bath last week, further depressing the Finextra50 stock index.

Finextra50 hits all-time low, led by UK fintech firms

Finextra50 hits all-time low, led by UK fintech firms

The Finextra50 Financial Technology Index finished last week down 3.39% to 92.49 as fears continued that the latest round of losses at major financial institutions will have a knock-on effect on technology budgets. Misys, Fidessa, Gresham and Microgen all saw double-digit falls while the index's only strong performers this week were India's Nucleus Software and Online Resources in the US.

India's 3i Infotech buys US payments outfit J&B Software

India's 3i Infotech buys US payments outfit J&B Software

Indian IT services firm 3i Infotech has signed an agreement to acquire J&B Software, a Pennsylvania-based provider of payments processing services to firms in the US and Canada, for $25.25 million.

Finextra50 flat despite gains in Indian fintech stocks

Finextra50 flat despite gains in Indian fintech stocks

The Finextra50 Financial Technology Index finished the week down .01% to 95.35, as the recently volatile US and European markets remained fairly steady. I-flex, 3i Infotech and Mphasis in India all posted significant gains, while only Linedata, Nucleus Software and Fiserv dropped by more than 3%.

Vasco Data Security leads Finextra50 higher

Vasco Data Security leads Finextra50 higher

The Finextra50 Financial Technology Index ended last week up 2.23% to 95.36, as European stocks recovered some of their losses from earlier this month, and some strong index performers from the US continued to rise.

Finextra launches Finextra50 fintech index

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

India's 3i Infotech buys Rhyme Systems

India's 3i Infotech buys Rhyme Systems

Indian IT services firm 3i Infotech has signed a definitive agreement to acquire UK asset managment software vendor Rhyme Systems. Financial terms of the deal were not disclosed.

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