Actuate Corporation

9 results about this entity

Period: 23 Jan 2007 - 08 Dec 2008

Actuate knocks back buyout bid; EXLService eyes outsourcing acquisitions

The Finextra50 Financial Technology Index closed down 3.03% to 53.13 last week. GlobeOp led the fallers, losing almost half its share value on concerns about the strength of the hedge fund industry, while Online Resources, Actuate and EXLService rose on the back of trading outlook and strategic announcements.

Finextra50 up 4.25% led by ACI and Patsystems

The Finextra50 Financial Technology Index closed last week up at 87.64, as the fintech sector recovered slightly more than most global markets last week. Despite several falling stocks, such as Actuate which lost 31% of its value last week, the majority of companies saw decent rises, led by ACI Worldwide which benefited from the resolution of its most recent accounting troubles.

Finextra50 dips to 95.74 despite rises for i-flex and Computershare

Despite double-digit gains from i-flex and Computershare, the Finextra50 Financial Technology Index fell .48% last week. Weaker than expected earnings and guidance statements from Chordiant and SimCorp meant these firms led the fallers.

Cognizant and Reuters drag Finextra50 down by 6.9%

The Finextra50 Financial Technology Index ended last week down at 96.2. Six months after the creation of the index we have recalibrated the constituent companies, with four firms being replaced by new entrants. One of these, Bravura, joined Broadridge and Pegasystems among the few companies to buck the downward trend last week and see a significant rise in share price.

Financial technology stocks rally, led by Morningstar and Vasco

The Finextra50 Financial Technology index closed last week at 103.52, increasing just slightly after posting a 4.71% rise the previous week. Morningstar and Vasco Data Security were the biggest gainers, rising 20% and 19% respectively over the past two weeks.

Finextra50 ends week up at 100.79

The Finextra50 Financial Technology Index rose .78% last week, driven by takeover talk at Fair Isaac, Fininfo and Mphasis. Gains were tempered by falls in Broadridge and Advent Software.

Finextra50 dips slightly to 100.18

European share prices fell again last week, weighed down by banking stocks, while the US markets were down by less than one percent. The Finextra50 closed down 1.48%, with small falls across many index constituents offset by some impressive gains from Chordiant Software, EDB Business Partner and Factset Research.

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.

JPMorgan and Actuate in software licensing dispute

US investment bank JPMorgan says San Francisco-based Actuate has agreed to continue to provide it with critical software and support whilst a litigation between the two parties is pending.