Wall Street Systems Buys Speranza

Treasury solutions provider Wall Street Systems has acquired Speranza Systems, a Portland, Maine-based company that has an electronic bank account management (eBam) product, in a deal that underscores the expectations of strong demand for eBam.

Wall Street Systems says it will integrate Speranza's product into its Wallstreet Suite and Wallstreet Treasury solutions. Terms of the transaction were not disclosed. Wall Street Systems is owned by Warburg Pincus, a private equity investor.


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