| Camber Corporation Acquires Complex Solutions, Inc
HUNTSVILLE, Ala., Nov. 21 /PRNewswire/ -- Camber Corporation, a leading provider of full-service education, training, acquisition management, and engineering solutions to defense audiences worldwide, has acquired Honolulu- based Complex Solutions, Inc (CSI), a premier international training provider with significant US and UN stability, security, transition and reconstruction expertise. Working with military and civilian planners around the world, CSI creates multi-disciplinary education and training solutions addressing the challenges of peace support operations, combating terrorism, humanitarian assistance, as well as disaster mitigation and relief. "We have long standing partnerships with key leaders in international organizations in over 25 nations," says CSI Chairman John Otte, "and recently won a five year, $92 million dollar contract to deliver similar expertise to the Center for Civil Military Relations at the Naval Postgraduate School.
Derivatives Processing Will Attract More Dollars, Attention in 2008
CHALLENGE: As OTC derivatives grow increasingly popular, accurate pricing and risk evaluation is more important than ever. Automating derivatives processing also will be a priority in 2008 -- not just for efficiency's sake, but also to help firms mitigate market volatility. One of the biggest originators, Merrill Lynch, took a huge writeoff for its losses and ousted its CEO. "This summer certainly highlighted ... the complexity of dealing with products that are hard to value," Bailey notes. The need has never been greater for buy- and sell-side firms to invest in technology to keep their derivatives involvement as immune to market volatility as possible. Implementing analytics software that can help with better pricing and risk evaluation, and accurate and timely trade capture and processing, will be top priorities in 2008.
ACS, Ingenix Form Strategic Alliance
DALLAS and MINNEAPOLIS, Jan. 3 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. (NYSE: ACS) and Ingenix today announced a strategic alliance to provide Medicaid Management Information Systems (MMIS) decision support solutions to state governments. Under the terms of the alliance agreement, Ingenix and ACS will work with each other to supply decision support solutions for ACS' state MMIS initiatives. ACS will license its portfolio of federally certified decision support technologies to Ingenix, which will provide ACS' MMIS clients with its broad array of decision support methodologies, software applications, and related consulting services. Decision support systems analyze data to help health administrators assess Medicaid program status, analyze healthcare policy, monitor budget trends and measure program performance.
Hong Kong's City Telecom Ltd. Selects Oracle Communications for Next ...
REDWOOD SHORES, Calif., Nov. 7 /PRNewswire-FirstCall/ -- Oracle today announced that City Telecom (HK) Ltd. (CTI), a leading provider of telecommunications services in Hong Kong, has selected Oracle(R) Communications Billing and Revenue Management software to provide a billing and revenue management platform that will help address rapid business growth and increase variation in service offerings and pricing options. The new platform will help CTI centralize and manage revenue streams across services, networks, partners, technologies and payment methods, ultimately enabling faster time-to-market and enhanced quality of service. Since the introduction of broadband Internet services by its wholly-owned subsidiary, Hong Kong Broadband Network Limited (HKBN) seven years ago, CTI has strived to provide end-to-end, world-class residential and corporate voice and data services.
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