The MBO means that the part of the operations in Edinburgh that related to the Securities Finance and Settlement products has been sold to among others Alastair Chisholm, former General Manager for the Business Unit Securities Finance within OM. The sale includes, apart from the rights to the Securities Finance and Settlement product software, also the responsibility for the existing client base. The new company will continue under the name 4Sight Financial Software with 15 employees.
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OMHEX Completes Divestment Of Office In Edinburgh Through MBO
Date 25/09/2003