• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 14, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

LTI to Acquire Germany Based Temenos WealthSuite specialist NIELSEN+PARTNER

by Apoorv Anupam
February 14, 2019
in News
Reading Time: 2 mins read
0
Larsen & Toubro Infotech
TwitterWhatsappLinkedin

Larsen & Toubro Infotech

You might also like

Apple Plans Spring 2026 Release for AI-Powered Siri Upgrade

Android 16 Rolls Out With New Features for Pixel Phones and Beyond

Nippon Steel Asserts Need for ‘Management Freedom’ in U.S. Steel Takeover

14 February 2019, India:

Larsen & Toubro Infotech Ltd. has signed a definitive agreement to acquire  Germany based Temenos WealthSuite specialist NIELSEN+PARTNER (N+P).

This acquisition is synergistic to Syncordis acquisition that LTI announced in 2017. Syncordis is the leading Temenos T24 Core Banking Platform specialist with widespread presence in Europe, whereas N+P has built comprehensive expertise in the front office of Temenos WealthSuite. Together with Syncordis, N+P strengthens LTI’s capabilities as a global expert of Temenos suite of products and enriches company’s offerings to Banking clients. Upon integration, N+P’s Temenos business will be consolidated under the brand of Syncordis, while software engineering business will operate and expand as part of LTI Germany.

Sanjay Jalona, Chief Executive Officer & Managing Director, LTI, said, “Temenos is the world leader in banking software. Since the Syncordis acquisition, this has been a fast-growing practice for us, enabling resilient relationships and rich, cross-selling opportunities. The acquisition of N+P will help us further establish LTI as a formidable player in the fast-growing market for Temenos and help our clients navigate their digital transformation journey. I welcome the employees and clients of N+P to LTI family.”

Manuel Brunckhorst, CEO, N+P said, “Joining forces with strategic and complementary partners like LTI and Syncordis is the next logical step to accelerate our growth, enhance our capabilities and extend our services, both for Temenos, as well as software engineering services. We are very excited about the future and continuing our journey with our existing and new clients, employees and partners.”

This is the fourth acquisition by LTI since the company got listed in 2016. In January 2019, the company acquired Ruletronics, a boutique Pega Consulting company.

Guillaume Desjonqueres, CEO, Syncordis said, “Syncordis has been growing at a faster pace since its acquisition by LTI. With LTI acquiring N+P, we are entering into a new phase, expanding both our Temenos offerings and our footprint outside of Europe. In line with our strategic vision, Syncordis and N+P together with LTI will provide complete and innovative services to Temenos clients in the Banking and Wealth Management space, globally.”

(Image – Larsen & Toubro Infotech)

Tags: acquisition
Tweet54SendShare15
Previous Post

Innovation in Theory and Practice: 5 Examples of Bulk Material Handling Technology in Use Across Various Industries

Next Post

Shemaroo Launches New OTT Platform ‘ShemarooMe’

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

Apple Plans Spring 2026 Release for AI-Powered Siri Upgrade

by Sneha Singh
June 14, 2025
0
Apple Plans Spring 2026 Release for AI-Powered Siri Upgrade

Apple fans waiting for a smarter, more powerful Siri will have to wait a little longer. The technology giant pushed its highly anticipated AI-fueled virtual assistant update to...

Read more

Android 16 Rolls Out With New Features for Pixel Phones and Beyond

by Anochie Esther
June 14, 2025
0
Android 16

Google has officially launched Android 16, the latest iteration of its mobile operating system. As expected, the update is rolling out first to Pixel devices, with wider availability...

Read more

Nippon Steel Asserts Need for ‘Management Freedom’ in U.S. Steel Takeover

by Anochie Esther
June 14, 2025
0
Nippon Steel

Shares of U.S. Steel dropped by 4% after a Nippon Steel executive told Japan’s Nikkei newspaper that the company's planned $14.9 billion acquisition of U.S. Steel hinges on...

Read more
Next Post
ShemarooMe

Shemaroo Launches New OTT Platform ‘ShemarooMe’

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?