Cognizant Acquires Meritsoft, Strengthens SaaS Portfolio. "Meritsoft brings proven automation expertise in case management, regulatory compliance, payment and settlement of claims, and tax and brokerage cash flows to help our clients in transforming their businesses for the digital era," he added.You are now subscribed to our newsletters. 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. Iris Dorbian - 5 March 2019. Publisher. Cognizant's (CTSH) acquisition of Meritsoft not only strengthens the former's software-as-a-Service (SaaS) portfolio but also expands its footprint among financial institutions. Print Email. 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. Key stories on business-standard.com are available to premium subscribers only.Copyrights © 2020 Business Standard Private Ltd. All rights reserved.Financial details of the transaction were not disclosed. Cognizant acquires fintech software firm Meritsoft 1 min read. Acquisition expands Cognizant’s software-as-a-service platforms, enables Meritsoft to scale, and provides banking clients with an integrated managed services solution . Cognizant has acquired Dublin, Ireland-based Meritsoft, a financial software company. In case you can’t find any email from our side, please check the spam folder.By becoming part of Cognizant, Meritsoft will have access to Cognizant's knowledge, resources and scale to accelerate growth as it continues to innovate on its FINBOS platform for post-trade solutions, Meritsoft co-founder and CEO Kerril Burke said.Sean Middleton, president at Cognizant Accelerator said banking and financial services is one of the largest industries that Cognizant serves.Log in to our website to save your bookmarks. Cognizant acquires Meritsoft. Posted By: smechannels on: March 06, 2019 In: Networking, NEWS. Cognizant Acquires Meritsoft, a Fintech Innovator in Post-Trade Processing. Published . It'll just take a moment.Meritsoft, which offers solutions for post-trade processing, counts five of the world's eight leading investment banks among its clients, Cognizant said in a statement.Financial details of the transaction were not disclosed.IT major Cognizant Tuesday said it has acquired Meritsoft, a privately-held financial software company based in Dublin, Ireland.Your session has expired, please login again. Mar. 5, 2019, 09:15 AM. Mar 6, 2019 10:22AM EST. Cognizant acquires Meritsoft — the FinTech innovator in post-trade processing The acquisition expands Cognizant’s software-as-a-service platforms, enables Meritsoft to scale and provides banking clients with an integrated managed services solution Credit: Shutterstock photo. Updated: 06 Mar 2019, 04:20 PM IST PTI . By. Share A-A + 100%. Cognizant (Nasdaq: CTSH) has announced that it has acquired Meritsoft, a privately … . .Business Standard is happy to inform you of the launch of "Business Standard Premium Services"As a premium subscriber you get an across device unfettered access to a range of services which include:Subscribe to insight at just Rs 149 per monthUS-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.