SunGard, one of the biggest providers of corporatetreasury technology, is being acquired by Fidelity NationalInformation Services, also known as FIS. The deal is causing someconcern among companies that use SunGard's treasury products.

FIS provides banks with technologies and services related tocustomer and account management and payments. The company'sannouncement of theacquisition cited its interest in SunGard's products for banksin areas like trading and asset management, and emphasized the waythese technologies complement FIS's product line. But theannouncement made no mention of the products that SunGard sells tocorporates. That led to questions about the extent of FIS's focuson SunGard's treasury products and whether it would continue toinvest in them.

“You've got a company whose primary focus is financialinstitutions and the buy side, and here you have [SunGard] thatdoes offer a corporate treasury solution,” said Keith Bergman,international treasury accounting controller for HuaweiTechnologies, who is based in Amsterdam. “Personally I thinkthere's a concern for those corporate customers that are usingSunGard.”