Catching the rising wave of investor interest in financial outsourcing and payment-systems companies, Affiliated Computer Services Inc. has successfully launched an initial public offering of stock.

Affiliated, with the aid of lead underwriters Bear, Steams & Co. and Hambrecht & Quist Inc., floated 2.3 million shares of common stock at $16 share, raising about $32 million. The offering began trading Sept. 27 on the over-the-counter Nasdaq market, under the symbol ACSA.

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