Delta Data Acquires 22c2 Services from SunGard Data Systems
COLUMBUS, Ga., Oct. 30, 2013 /PRNewswire/ -- Delta Data Software, Inc. ("Delta Data") announces today that it has completed the acquisition of the 22c2 Services solution of SunGard Data Systems Inc., a leading global software and technology services company.
Delta Data has renamed the 22c2 Services as Data Analysis, Reporting and Transparency ("DART"). DART will relocate main operations to Columbus, GA. The acquisition extends Delta Data's participation, expertise and leadership in the mutual fund industry.
Delta Data's CEO, Don Beck, stated, "We are pleased to welcome these new direct client relationships to our blue-chip customer base and believe our commitment to a high standard of service and expansion of the platform's capabilities will serve to strengthen these relationships in the years ahead."
Delta Data will pursue opportunities to expand DART's capabilities in areas of compliance, reporting and oversight of trading operations and sub-accounted positions.
About Delta Data Software, Inc.
Delta Data is focused on solving complex challenges in the financial services industry. Delta Data has a 28-year legacy of delivering expertise and proven software solutions and services. Delta Data serves both buy-side and sell-side clients with sophisticated, sector-leading software systems and Software as a Service ("SaaS") solutions specifically focused on handling daily processing and data management complexities for mutual funds and other pooled investment products.
SunGard is one of the world's leading software and technology services companies. SunGard serves approximately 25,000 customers in more than 70 countries and has approximately 17,000 employees. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of over $4.0 billion, SunGard is one of the largest privately held IT software and services companies. For more information, please visit www.sungard.com.
Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
© SunGard 2013. All rights reserved.
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SOURCE Delta Data Software, Inc.