Synaptic joins Capita as Quay changes MD

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Capita is expanding its technology empire again and has now acquired Synaptic Systems in its drive to build Enabler, at the same time as making management changes at Quay Software.

In a statement just issued this morning, Capita says it has purchased the IT-driven research and information service targeted at independent financial advisers, for an undisclosed sum. The IT firm considers Synaptic “an ideal fit” with its Enabler initiative – a development effectively billed as Capita total wrap system – having acquired Webline and Quay Software at the end of last year. Synaptic’s tools are said to be used by more than 10,000 IFAs, providing product research about a wide range of financial services products including pensions, life, health, investment, mortgage and offsh...

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