Sungard Data Unit Buys Software Firm

BIRMINGHAM, Ala. - Sungard Asset Management Systems, a unit of Sungard Data Systems Inc., has acquired DML Financial Software Products.

DML, a 15-year-old firm, provides securities and brokerage accounting software to about 40 major banks and brokerages.

"Our alliance with DML will enable us to offer our customers a broader range of software and services on a variety of platforms," said Don Birdwell, president of the asset management subsidiary.

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