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Sat 9 Dec 2006 12:00 AM

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Sage buys tech from Vertical Falls

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Sage Software has acquired technology from financial services solution provider Vertical Falls Software in a bid to expand its financialservices offerings.

The Sage Group subsidiary has said it will integrate the technology with its ACT! solution in order to offer a compliance and document tracking solution to the financial services industry.

“Financial services organisations are experiencing regulatory pressure to implement standard reporting processes that necessitate retaining the history of customer interactions and records of customer risk tolerance,” said Joe Bergera, ACT! senior vice president and general manager for Sage Software.

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