Investment - Articles - Aquila Software completes the acquisition of FRS


Aquila Software have announced that it has closed the acquisition of Financial Risk Solutions (FRS). FRS is the developer of the Invest|Pro™ product, a comprehensive Investment Administration Software solution for the life assurance and pensions industries.

 “FRS is a tremendous team of individuals that due to their domain knowledge and close relationships with their clients have had great success in the market. All characteristics we value highly. We are excited to welcome them to the Aquila family and look forward to working closely with them” said Mike Byrne, CEO of Aquila.
 
 He went on to say;“We know that the leadership at FRS have set high goals for themselves to achieve their vision and provide great value to their clients and we are happy to assist in that focus”.
 
 Peter Caslin, CEO of FRS said; “This is superb news for clients and staff of FRS. The Aquila philosophy of ‘buy and hold forever’ and their financial strength were key factors for FRS in deciding to join Aquila. These characteristics will underpin the long-term relationships FRS has developed with its loyal blue-chip client base. As part of the Aquila family FRS will further develop its award-winning products and expand the software’s geographical reach. We are looking forward to working with the Aquila team.”
   

Back to Index


Similar News to this Story

XPS win tender to advise Johnson Controls and Tyco
XPS Pensions Group, the UK specialist in pensions, investment and administration services, is pleased to announce that following a competitive tender
PIMFA comments on Governments heavy Brexit defeat
Following the heavy Government defeat on the Brexit withdrawal motion, PIMFA, the trade association for the personal investment management and financi
Institutional investors shifting risks to private markets
Amid rising concerns about a downturn in the economic cycle, institutional investors are looking to mitigate risks by increasing allocations to privat

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.