|
|
Article: United Kingdom : Financial Technologies Acquires UK-Based Audit Control & Expertise Global Limited (ACE) Group.
- Article from:
- TendersInfo
- Article date:
- October 16, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: sujit03
Financial Technologies (India) Ltd has acquired a significant equitystake in UK-based Audit Control & Expertise Global Limited (ACE) Group, aglobal credit support organisation providing collateral control, fieldaudits, inspection, monitoring and financial structuring services in thecommodity trade and finance sector.
"The E3C (Enhanced Credit Commodity Control) technology of ACE is arobust technology for banks to mitigate performance risks and securetransactions in credit finance for commodities. It will further strengthenour robust portfolio of technology IP based solutions for global financialmarkets," said Dewang Neralla, Financial ...