{"id":1712,"date":"2016-02-16T02:09:04","date_gmt":"2016-02-15T20:09:04","guid":{"rendered":"https:\/\/www.comtechadvisory.com\/blog\/opinion\/an-update-on-the-fis-acquisition-of-sungard\/"},"modified":"2016-02-16T02:09:04","modified_gmt":"2016-02-15T20:09:04","slug":"an-update-on-the-fis-acquisition-of-sungard","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/opinion\/an-update-on-the-fis-acquisition-of-sungard\/","title":{"rendered":"An update on the FIS acquisition of SunGard"},"content":{"rendered":"<p>As our readers are surely aware, FIS announced their intention to acquire SunGard back in August of last year, with the deal having closed in November. I had the opportunity to spend a few minutes on the phone recently with Dr. Marcus Seiser (formerly head of SunGard Energy and now the head of FIS energy software group) to get an update on the progress of integrating the former SunGard Energy software business into the new company, and the implications of the acquisition on that group\u2019s strategy and direction. In terms of integrating the newly acquired business, Dr. Seiser explained that the Energy group is now a part of FIS\u2019s Global Trading organization, which combines several other former SunGard products, including SunGard\u2019s MarketMap price and data solution and Front Arena financial trading and brokerage product. This newly combined organization, with comprehensive solutions for financial and commodity trading companies (including market data, electronic trading, ETRM\/<a class=\"StrictlyAutoTagAnchor\" href=\"https:\/\/www.comtechadvisory.com\/tag\/ctrm\/\" title=\"View all articles about CTRM here\">CTRM<\/a> and brokerage solutions), is now the largest such business in the space with more than double the annual revenues of their next closest competitor. He also touched on the implications for existing customers and prospects, noting that he believes that with the increased breadth of solutions and<a target=\"_parent\" href=\"https:\/\/www.ctrmcenter.com\/blog\/update-fis-acquisition-sungard\/\"><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.ctrmcenter.com\/blog\/update-fis-acquisition-sungard\/\">An update on the FIS acquisition of SunGard<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.ctrmcenter.com\">CTRM Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As our readers are surely aware, FIS announced their intention to acquire SunGard back in August of last year, with the deal having closed in November. I had the opportunity to spend a few minutes on the phone recently with Dr. Marcus Seiser (formerly head of SunGard Energy and now the head of FIS energy software group) to get an update on the progress of integrating the former SunGard Energy software business into the new company, and the implications of the acquisition on that group\u2019s strategy and direction. In terms of integrating the newly acquired business, Dr. Seiser explained that the Energy group is now a part of FIS\u2019s Global Trading organization, which combines several other former SunGard products, including SunGard\u2019s MarketMap price and data solution and Front Arena financial trading and brokerage product. This newly combined organization, with comprehensive solutions for financial and commodity trading companies (including market data, electronic trading, ETRM\/CTRM and brokerage solutions), is now the largest such business in the space with more than double the annual revenues of their next closest competitor. He also touched on the implications for existing customers and prospects, noting that he believes that with the increased breadth of solutions and<a class=\"moretag\" target=\"_parent\" href=\"https:\/\/www.comtechadvisory.com\/blog\/opinion\/an-update-on-the-fis-acquisition-of-sungard\/\"> &#8230; continue reading<\/a><\/p>\n","protected":false},"author":4624,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[636,790,788,789],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>An update on the FIS acquisition of SunGard | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"As our readers are surely aware, FIS announced their intention to acquire SunGard back in August of last year, with the deal having closed in November. I\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.comtechadvisory.com\/blog\/opinion\/an-update-on-the-fis-acquisition-of-sungard\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An update on the FIS acquisition of SunGard | Commodity Technology Advisory\" \/>\n<meta property=\"og:description\" content=\"As our readers are surely aware, FIS announced their intention to acquire SunGard back in August of last year, with the deal having closed in November. 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