Post Tagged with: "Promontory"

IBM Acquires Promontory

IBM Acquires Promontory

by September 29, 2016 at 12:48 pm 0 comments

IBM has acquired Promontory Financial Group, the consultancy founded by former Comptroller of the Currency Eugene Ludwig. Terms were not disclosed, but sources suggest IBM may have paid upwards of $300 million for the company. IBM said Promontory, which specializes in regulatory compliance consulting for financial institutions and employs 600Read More