EPAM Systems Acquires First Derivative In Strategic Move, Expanding Financial Services Capabilities Globally
Portfolio Pulse from Benzinga Newsdesk
EPAM Systems has acquired First Derivative to enhance its capabilities in capital markets, banking operations, and asset servicing, aiming to strengthen its global client offerings.
October 07, 2024 | 7:19 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
EPAM Systems' acquisition of First Derivative is a strategic move to expand its financial services capabilities, particularly in capital markets, banking operations, and asset servicing. This acquisition is expected to strengthen EPAM's global client offerings.
The acquisition of First Derivative by EPAM Systems is a significant strategic move aimed at enhancing its service offerings in the financial sector. This is likely to positively impact EPAM's stock price in the short term as it strengthens its market position and expands its capabilities.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100