Metavante To Acquire Maker Of RegulatoryCompliance Software

December 31, 2004, 1:00 a.m. EST 1 Min Read

MILWAUKEE - (12/31/04) -- Marshall & Ilsley Corp. said itsMetavante unit continued on its acquisition spree with a deal topurchase Prime Associates Inc., a Clark, N.J.-based provider ofsoftware, data and services for regulatory compliance for financialinstitutions. The company provides regulatory compliance materialsfor the USA Patriot Act, Bank Secrecy Act and other regulations andlaws. The deal is expected to close in February. Terms of theacquisition were not disclosed.

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