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Misys buys Financial Options for £40m


Misys has confirmed it is to buy IFA networks Financial Options and Kestrel for £40m.


Software giant Misys already owns rival network Countrywide and the move will create the UK&#39s largest IFA with more than 1,300 member firms and more than 2,700 registered individuals.


The acquisition means Misys group is likely to gain from increased distribution of its software products through Financial Options members.


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