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Stock Market & Financial Investment News

News Breaks
July 30, 2014
09:55 EDTSPNSSapiens acquires decision management consultancy firm KPI
Sapiens International announced it has acquired Knowledge Partners International, or KPI, a decision management consultancy that provides services and training. "Acquisitions of high quality and innovative organizations, such as KPI, are key to our success. The KPI acquisition will not impact this year's financial results, but we expect to gain momentum in the market starting next year," said Roni Al-Dor, president and CEO of Sapiens International. "We want to identify and take full advantage of new opportunities in the insurance and financial services markets, such as enterprise decision management, so we can provide added value that will help organizations streamline their businesses."
News For SPNS From The Last 14 Days
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April 21, 2015
05:35 EDTSPNSSapiens announces dividend of 15c per share
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April 15, 2015
11:34 EDTSPNSSapiens management to meet with William Blair
Meeting to be held in New York on April 16 at 12:30 pm hosted by William Blair.
April 14, 2015
06:03 EDTSPNSSapiens reports 'outstanding' ALIS v6.5 benchmark results
Sapiens announced outstanding benchmark results for Sapiens ALIS v6.5, Sapiens' core policy administration suite for the life insurance, annuities, savings, pension and medical markets. The benchmark included 1,600 concurrent online users and 10M policies, based on a mixed insurance product portfolio typical of a tier-1 life and annuities insurance company. Comprised of both batch and online tests, the benchmark produced impressive results: the batch run was completed in three hours and the system achieved a sub-second average screen response time.

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