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IBM acquires Armanta

GRC Announcements | May 8, 2018

IBM this month announced its acquisition of Armanta, a provider of aggregation and analytics software to financial services firms.

Armanta’s technology platform allows financial institutions to aggregate data across multiple systems in near real-time speed. This helps them enhance their management decision-making and better address regulatory compliance and other market drivers, allowing firms to re-allocate saved capital to innovation initiatives.

For financial institutions around the world, the addition of Armanta will enable IBM to more effectively manage regulatory mandates by using a common aggregation and reporting solution across multiple risk systems, regardless of whether they are developed in-house or are supplied by a vendor. Clients can also use Armanta to build their enterprise reporting solutions on top of existing analytics.

Armanta also provides the...

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