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(Nikkei BP Group)

(No.1 High-Tech News Site in Japanese)

  • Future System, Cambridge Tech to Link for IT Financial Consulting
  • September 9, 1998 (TOKYO) -- Future System Consulting Inc., a system integrator, announced Sept. 2 that it had joined forces with Cambridge Technology Partners Ltd. to provide consulting services to financial institutions.
    Cambridge Technology Partners Ltd. is the Japanese unit of U.S.-based Cambridge Technology Partners, which specializes in advice on IT issues for financial institutions.

    A spokesman for Future System Consulting said that the joint venture will provide IT consulting to financial institutions that must merge or downsize.

    He said the joint venture also will offer systems needed for electronic commerce and Internet trading.

    Last year, Future System Consulting, which has many clients in the distribution sector, sought a foreign consulting partner that possessed substantial experience in this field. It had wanted to build a foothold in the financial industry.

    Meanwhile, Cambridge Technology Partners was planning to expand its business in Japan. It was looking for a partner because expansion required more engineers. The needs of the two parties are being met through the joint venture.

    Hitoshi Yoshida, president of Cambridge Technology, said that the collaboration is possible because Future System Consulting met the requirement of having the potential to revolutionize the system integration market.

    Yoshida said that the two firms hope to meet demand by developing services quickly and providing them to users without relying on hardware and software vendors.

    (BizTech News Dept.)

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    Updated: Tue Sep 8 18:44:42 1998 PDT