Georgia-based Delta Data has acquired a new data analysis service, extending its expertise in the mutual fund industry.

It has taken over SunGard Data Systems' 22c2 Services product. Delta Data will rename the system Data Analysis, Reporting and Transparency, or DART for short.

“We are pleased to welcome these new direct client relationships to our blue-chip customer base and believe our commitment to a high standard of service and expansion of the  platform’s capabilities will  serve to strengthen these relationships in the years ahead," said Delta Data's CEO Don Beck.

The company already offers FUNDLinx, a software system used for internal mutual fund processing. According to the company, its clients include J.P. Morgan, T. Rowe Price, BlackRock, BNY Mellon and others.

Here is the press release:

---

Company Press Release

Columbus, GA (USA) – Delta Data Software, Inc. (“Delta  Data”) announces today that it has completed the acquisition of the 22c2 Services solution of SunGard Data Systems Inc., a leading global software and technology services company.

Delta Data has renamed the 22c2 Services as Data Analysis, Reporting and Transparency (“DART”). DART will relocate main operations to Columbus, GA. The acquisition extends Delta  Data’s  participation,   expertise and leadership in the mutual fund industry.

Delta  Data’s  CEO,  Don  Beck,  stated,  “We are pleased to welcome these new direct client relationships to our blue-chip customer base and believe our commitment to a high standard of service and expansion of the  platform’s  capabilities  will  serve  to  strengthen these relationships in the years ahead.”

Delta Data will pursue opportunities to expand DART’s  capabilities  in areas of compliance, reporting and oversight of trading operations and sub-accounted positions.

 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE