Short Takes: Bisys Group of N.J. Closes 3 Deals in Week

Bisys Group Inc. of Little Falls, N.J., completed three acquisitions in three days last week.

Bachmann Asset Management Ltd., of Guernsey in the Channel Islands, expands Bisys' presence overseas in fund management administration outsourcing services. Bisys also has administration facilities in Dublin, London, and the Cayman Islands.

Bisys plans to use Sacramento, Calif.-based Poage Insurance Services as its West Coast platform to expand its reach in insurance brokerage outsourcing.

Through the third firm it bought, Examco Inc. of New Orleans, Bisys plans to deliver Internet-based certification and training to insurance and investment professionals.

Examco will operate as the education services division, reporting to Tony Pascotti, who was named president of Bisys' new insurance and education services group.

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