Converg-e™, Information Mosaic's product suite, provides a fully integrated range of middle and back office business applications.

Core systems include trade order management, custody, client accounting, record keeping and client reporting.

Part of this suite is a market leading corporate action management system, CAMA™.

John Byrne, Chief Executive Officer of Information Mosaic, said: 'IM's custody and global corporate actions processing platforms have gained strong acceptance in the market and we are witnessing a large demand for these new platforms to be provided as part of a managed service. After extensive evaluation of potential partners, we found that Clearstream Services were the clear winner with a very superior offering and an excellent team. In our dealings with Clearstream Services to date they have exceeded our expectations. We look forward to a mutually beneficial relationship with Clearstream Services for many years to come.'