Experian Acquires Americas Software Corporation
Experian has announced the acquisition of Americas Software Corporation, a developer and marketer of regulatory compliance software systems which provides anti-money laundering solutions for banks and other financial institutions worldwide.
"Americas Software is a leading provider of anti-money laundering software solutions and we're proud to have it become a part of Experian," said Rick Gallagher, president of Experian's Fraud Solutions unit. "With an excellent management team, a strong international presence and formidable list of blue-chip clients, this acquisition furthers Experian's and Americas Software's position as a comprehensive global fraud and compliance solutions provider across a number of industries."ASC's operations will continue to be located in Miami, FL, and current management and employees will be retained. The company will be a part of Experian's Fraud Solutions business unit.
Experian and the Americas Software Corporation also will work together to market services to companies regulated by the USA Patriot Act, including those in the banking, automotive, real estate, brokerage and investment industries. Together, the two companies will have a stronger presence and customer base in several key markets in North America, Europe, Central America, Asia and the Middle East.
"Our reputation is built on flexibility, ability to work with multiple legacy systems, ease of implementation and ease of use by non-technical compliance personnel," said John Daly, president, CEO and founder of Americas Software. "Combined with Experian's global fraud prevention capabilities, internal sales resources and excellent management, we'll be competing with industry players at the highest level."
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