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Reply #118: IQ Financial Systems (Why are all the tenant lists incomplete?) 83 fl WTC2 [View All]

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DrDebug Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-05-06 05:51 AM
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118. IQ Financial Systems (Why are all the tenant lists incomplete?) 83 fl WTC2
Edited on Wed Jul-05-06 05:55 AM by DrDebug
IQ Financial Systems is a leading provider of capital markets and commercial lending software products and services to over 100 financial institutions worldwide. IQ Financial has offices in New York, London, Tokyo, Singapore and Hong Kong. Their major client was Fuji bank (1)

Misys plc, the global software products and solutions company, announced in 2004 it has acquired substantially all of the assets and liabilities of IQ Financial Systems a majority held subsidiary of Deutsche Bank for $40m in cash. (2)

IQ Financial Systems had an office on the 83th floor of WTC2 with 110 employees and was located in the middle of the impact area during the 9/11. Three employees did not survice.

Sources:
1. http://www.financewise.com/public/edit/riskm/technology/technologyrisk00-vendorsurvey.htm
2. http://www.misys.com/media/press_releases/banking_systems/2004/pr_items/pr_2886.html

Funny. You would think that Deutsche Bank (biggest European bank) and Fuji Bank (one of the biggest Japanese banks) are competitors in the global banking game and were both trying to get a slice of the US market, but instead they are helping each other...

I guess that their extensive mutual CIA relations make all the difference.
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