Microgen Financial Systems acquires Infoscreen

Microgen Financial Systems acquires Infoscreen

Microgen Financial Systems (www.microgenfs.com) announces the successful acquisition of specialist software developer InfoScreen (Cyprus) Ltd.

Microgen Financial Systems is one of the two operating businesses of Microgen plc, a UK publicly-listed technology company with over 250 employees and a long heritage of providing software to the global financial services sector.

The company’s strategic focus is wealth management software, and in particular software for the trust, corporate services and fund administration markets. Microgen has been serving these markets with administration software for more than 25 years and has a current customer base in more than 25 countries worldwide.

“We are very pleased today to announce our entry into the Cyprus market. The acquisition of InfoScreen serves to expand Microgen’s position further in a strategically important sector for the company.” stated Mr. Simon Baines, Chief Executive of Microgen Financial Systems.

Software maintenance, support and development services on InfoScreen’s Quorum software will continue to be provided by the former InfoScreen team, with the business joining Microgen’s existing experienced trust, corporate services and fund administration software operations.

Mr. Bojan Mijuskovic, formerly InfoScreen’s Director of Products & Services, will lead the team as General Manager of Microgen Cyprus, working closely with Mr. Baines.

Microgen Financial Systems is an operating company of Microgen plc., offering a range of financial services technology systems focused on the global Wealth Management sector and the UK payments market, and also provides Application Management services. Microgen Financial Systems is headquartered in the UK with offices in London, Fleet, Guernsey, Jersey and Cambridge. For further information please visit www.microgenfs.com



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