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Sapient acquires Derivatives Consulting Group LTD

8 Aug 2008 12:00 AM | Anonymous

Sapient announced that it has acquired London-based Derivatives Consulting Group Limited (DCG), a provider of derivatives consulting and outsourcing services to the financial market.

The addition of DCG will increase Sapient’s ability to address derivatives and operations issues.

Sapient president and chief executive officer Alan Herrick commented, “Today's volatile markets and increasingly strict regulatory environments make this an opportune time to add DCG’s capabilities to our trading and risk management (TRM) practice”.

Cameron Munro, co-chief executive officer at DCG said, “This acquisition makes perfect sense for our clients and our organisation".

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