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Article: IBM, U.S. Trust Corp. to form joint venture to provide integrated trust application systems.
- Article from:
- PR Newswire
- Article date:
- September 26, 1990
CopyrightCOPYRIGHT 1990 PR Newswire Association LLC. 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)
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IBM, U.S. TRUST CORP. TO FORM JOINT VENTURE
TO PROVIDE INTEGRATED TRUST APPLICATION SYSTEMS
PURCHASE, N.Y., Sept. 26 /PRNewswire/ -- IBM Corporation and U.S. Trust Corporation (NASDAQ: USTC) today announced their intention to form a new joint venture, Financial Technologies International L.P. (FTI), which will provide integrated information systems solutions to trust banks and other customers in the financial services industry.
FTI will develop, market and support trust and investment management software products. These new solutions will be based on the hardware, software and service offerings of IBM and Financial Technologies ...