Fidelity National Acquires Applied Financial Technology

JACKSONVILLE, Fla. – Fidelity National Information Services said yesterday it has acquired Applied Financial Technology, a provider of risk analytic modeling for the mortgage industry. AFT’s quantitative analytics, which can be fully integrated into a variety of third-party systems, are used by credit unions, banks, brokers and investors to price, fund, trade and hedge mortgages and mortgage backed securities. Financial terms of the deal were not disclosed.

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