Ignition Technology Group announced the acquisition of the assets of Cayman-based Blue Bison Software Consultants Ltd. The move will further strengthen Ignition’s solutions offerings in the offshore market, the firm said.
Ignition plans to provide the necessary investments in funding and resources to significantly enhance, support, extend and market the Blue Bison application set, which offers packaged and custom-built software solutions, primarily to firms in the financial services industry, throughout the region.
The Blue Bison applications include HR Manager, Company Manager, Know Your Customer and the Database Risk Search solution.
Ignition’s Group CEO Graham Pearson said he sees “a tremendous opportunity to build upon the already impressive Blue Bison client base”.
Through our Business Solutions Practice, headed up by Christopher Eaton, key enhancements will include tight integration with SharePoint, KnowledgeLake and social media plus the introduction of additional GRC solutions, including FATCA reporting. Our Core Technology Practice will be able to provide the clients with a complete solution including an optional secure Private Cloud hosting platform as well as 7×24 service desk and application monitoring,” he said.
The initial focus for Ignition, a provider of governance, risk management and compliance technology solutions for clients in the offshore market, will be to provide upgraded features and improved support for the existing Blue Bison client-base.
This will be followed by the regionalisation of applications in order to meet the needs of clients in the Bahamas, Barbados, Bermuda, BVI and the Channel Islands with other markets following shortly thereafter.
Alva Suckoo, CEO of Blue Bison, said the sale is the logical next phase of the evolution of Blue Bison.
“With Ignition’s scale and regional presence, they will improve the product set, raise customer satisfaction and extend the reach into new markets. I am delighted for our clients and staff and foresee a very bright future for Blue Bison,” Mr. Suckoo said.