IDOM Consulting announces the acquisition of IFM from eFunds

London, UK – 22nd August 2002, 13:00 - IDOM Consulting Limited, a well established IT consultancy specialising in the financial sector, today announces the acquisition of IFM, and internet banking suite, from eFunds International Limited, a leading provider of integrated information, payment and technology solutions.
Track Record

IDOM have developed a successful working relationship with eFunds on a number of banking integration projects, connecting back-office systems to IFM using BM+ BOING, IDOM’s Back-Office Interface Gateway. Following a review of their product portfolio, eFunds decided that the sale of IFM to IDOM was the best solution for existing clients. The acquisition of the intellectual property rights to IFM was viewed by IDOM as a natural progression of its substantial implementation skills around the IFM product. The software complements IDOM’s existing product suite BM+, and will be known as BM+ IFM (Integrated Financial Management).

IDOM to Expand Client Base and Functionality IDOM is confident BM+ IFM will be well received in the marketplace, and already has a further two new implementations in London and Guernsey scheduled for the 3rd Quarter 2002. IDOM’s intention is to continue delivering a high level of maintenance and upport to existing and new clients, while further developing the rich functionality BM+ IFM offers to international banking organisations.

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