Blog: Is Standard Life targeting banks with Focus purchase?

AT8's Mark Loosmore asks if Standard Life's purchase of tech provider Focus Solutions will bring it closer to the banks and if other distributors will be happy with the deal.

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AT8's Mark Loosmore asks if Standard Life's purchase of tech provider Focus Solutions will bring it closer to the banks and if other distributors will be happy with the deal.

The latest proposed takeover in the technology space was announced this morning and it was a slight variation on the M&A activity seen to date; namely a Product Provider - Standard Life - acquiring Focus Solutions, one of the leading Financial Services e-commerce companies. Focus is a company well know to AT8, not least because I and my fellow directors worked there for a period. It is a company that has transformed itself in recent years from a supplier of bespoke Point of Sales (POS) systems, to a supplier of what it claims, is a ‘whole of office', packaged solution, - ‘Focus 360°'. ...

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