The Bisys Group Inc., a provider of a wide range of bank outsourcing services, has acquired a West Coast concern that deals in information that financial institutions use to set their product prices and interest rates.

The acquired company, Meyer Interest Rate Survey in Calabasas, Calif., amasses information on the deposit and loan products of more than 3,000 banks, credit unions and thrifts.

Terms of the acquisition were not disclosed, but Bisys executives indicated that Meyer Interest Rate Survey founder Alan F. Meyer would continue to serve as chief executive after the acquisition is completed.

"Bisys is excited to be associated with Meyer Interest Rate Survey," said Bisys' chairman and chief executive, Lynn Mangum, who noted that more than 90% of Meyer interest's revenues are recurring.

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