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Article: Financial Technologies Acquires UK-Based Audit Control & Expertise Global Limited (ACE) Group.
- Article from:
- PR Newswire
- Article date:
- October 15, 2008
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MUMBAI, India, October 15 /PRNewswire-FirstCall/ -- - The Acquisition Marks Financial Technologies Group's Foray Into African and European Markets
Financial Technologies (India) Ltd has acquired a significant equity stake in UK-based Audit Control & Expertise Global Limited (ACE) Group, a global credit support organisation providing collateral control, field audits, inspection, monitoring and financial structuring services in the commodity trade and finance sector.
"The E3C (Enhanced Credit Commodity Control) technology of ACE is a robust technology for banks to mitigate performance risks and secure transactions in credit finance for commodities. It ...