Is this Invest Cloud partnership in Wealth all smoke and mirrors? Is wealth being sold to Invest Cloud?
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Wealth, for all it's problems especially with current leadership, is an FIS cash cow. It has been powering bad investments in Banking and greater FIS for years. Wealth gets back about ~2% of revenue it earns / year for investment in the products, which basically goes to KTLO. There is no room for innovation. Anyway who wants to buy it would be doing so for the list of clients; not the technology.
That said, Invest Cloud is basically bankrupt itself. It's they hail Mary for both.
It's because of the complete and utter failure of Unity. Current platforms are 40 years old and we've proven we can't develop our own solutions.