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Cognizant acquires Ireland-based financial software firm Meritsoft

Meritsoft is best known for its FINBOS platform for after trade processing

The Nasdaq-listed firm is also betting big on acquisitions to strengthen its digital capabilities
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The Nasdaq-listed firm is also betting big on acquisitions to strengthen its digital capabilities

BS Reporter
US-based IT major Cognizant has announced an acquisition of Meritsoft, a privately held financial software company based in Dublin, Ireland, to expand its software-as-a-service platforms.

Financial details of the transaction were not disclosed.

Meritsoft is best known for its FINBOS platform for after trade processing, an intelligent automation solution for managing taxes, fees, commissions, and cash flow functions between financial institutions.


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