View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 16, 1999


By CBR Staff Writer

Midas-Kapiti International and CATS Software Inc, both divisions of the UK software group Misys Plc, are forming a new business entity called MKIRisk, combining the risk management business of MKI with CATS, the Palo Alto, California firm acquired by Misys for $60m at the end of last year. MKI, the Misys international banking software systems arm, was formed from the merger of BIS International, Kapiti Ltd and Misys’ ACT Group Plc acquisition in 1995 (CI No 2,715), and enter the Risk management business a year later (CI No 2,946). The new firm will be based in Palo Alto, and Davide Gilbert, formerly president of CATS, will serve as president and CEO. The company will preside over the integration of CATS’ Carma enterprise risk management software with MKI’s Global Manager/Risk Vision global limits management package. MKIRisk’s customer base of worldwide financial institutions includes one third of the world’s fifty largest commercial banks.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.