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

Frozen thresholds will drag 18m into paying income tax
New freedom of information data from HM Revenue and Customs (HMRC), obtained by Quilter, the financial adviser and wealth manager, reveals the freeze
Scottish Friendly appoint Schroders as investment partner
Schroders have announced it has been appointed by Scottish Friendly as its new investment management partner for a £2.1 billion multi-asset and insura
Just Group complete buyin for South East Water Pension
Secures the benefits of around 700 pensioner and dependent members and almost 300 deferred members. Second transaction to complete objective of guaran

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.