Misys The company was founded in 1970 by Roger Morgan and Kevin Lomax as Misys to develop insurance software. In 1997, it bought Medic Computer Systems, a healthcare software business. Starting in 2001 the company acquired a number of other software or technology companies. In June 2001, Misys bought
DBS Management, a supplier of software to Independent Financial Advisors. That same year in June, it bought
Sunquest Information Systems, a United States-based supplier of medical systems software. In January 2004, Misys bought
IQ Financial Systems from
Deutsche Bank. In July 2005, Misys, bought
Almonde. In February 2006, Misys bought
Intesio. In March that same year, Misys bought
NEOMAlogic. In October 2006, Mike Lawrie was appointed CEO. In July 2007, Misys sold its diagnostic information software division to
Vista Equity Partners. In October 2008, Misys' subsidiary, Misys Healthcare, was merged with
Allscripts, a medical records business, to become
Allscripts-Misys Healthcare Solutions, Inc. In November 2010, Misys bought
Sophis, a provider of portfolio and risk management software. In February 2012, Misys entered into merger talks with its
Swiss rival
Temenos. The deal later collapsed when the two sides were unable to agree to terms. In March 2012, private equity firm
Vista Equity Partners announced that it had reached an agreement to acquire Misys. In June 2012, upon the completion of the acquisition by Vista Equity Partners, Misys was merged with Turaz, another acquisition of Vista. Turaz was formerly the treasury and risk management software division of
Thomson Reuters. In February 2014, Misys bought
Hungary-based IND Group, a supplier of online and mobile banking software. In August 2014, Misys bought Custom Credit Systems, a US-based supplier of credit workflow and loan origination software.
D+H Following a series of acquisitions starting in 2005,
D+H shifted its business to providing financial technology services worldwide. In 2011, D+H went public on the
Toronto Stock Exchange. It acquired Mortgagebot Harland Financial Solutions and Compushare in 2013, In 2016, D+H added
blockchain technology capabilities to its global payments platform. The added capabilities enabled banks that use its Global PAYplus services platform to access distributed ledgers to connect networks, move money in real-time and improve access to liquidity. On 17 June 2017, D+H announced that it would be acquired by
Vista Equity Partners and combined with Misys, operating under the new company name Finastra for a total enterprise value of approximately $4.8 billion. In March 2017,
D+H announced that it would be acquired by Vista Equity Partners and combined with Misys
Finastra 2017 - present In June 2017, the merger with D+H was completed, and the company was rebranded as Finastra In January 2018, Finastra acquired Olfa Soft for its FX e-trading platform for financial institutions. In April 2018, Finastra launched an innovation lab in Hong Kong to enable collaboration between banks and other fintech companies. In June 2018, Finastra announced it acquired Malauzai (
Austin, Texas), a provider of mobile and internet banking solutions for community financial institutions. In June 2018, Finastra, launched FusionFabric.cloud, an open platform to develop apps, connect ecosystems and foster collaboration between banks and fintechs. In February 2026, Vista Equity Partners sells Finastra's BusinessUnit 'TCM' (Treasury Capital Market) to the firm
Apax Partners which make it an independant firm
tecem (pronounced TCM). == References ==