Open Solutions Inc. is a provider of software and services that allow financial institutions to compete and service their customers. It develops, markets, licenses and supports an enterprise-wide suite of software and services that performs a financial institution's data processing and information management functions, including account, transaction, – more... operations, back office, client information and reporting. Its core software and complementary products access and update real-time data stored in a services relational database, which is designed to deliver strategic benefits to financial institutions. It has one business segment, the development and marketing of computer software and related services, and operates in two geographic areas, the United States and Canada. In November 2006, the Company acquired Raddon Financial Group, Inc., which provides customer relationship management, research data, insightful analysis, strategic counsel and marketing solutions to financial institutions.
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