IBM (IBM) Announces Plans to Acquire Promontory Financial Group
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IBM Announces Planned Acquisition of Promontory to Transform Regulatory Compliance with Watson
September 29, 2016 11:00 AM EDTARMONK, N.Y., Sept. 29, 2016 /PRNewswire/ -- IBM (NYSE: IBM) today announced plans to acquire Promontory Financial Group, a global market-leading risk management and regulatory compliance consulting firm. Â Upon close, the capabilities of Promontory combined with IBM's deep industry expertise and Watson's cognitive capabilities will directly address the massive operational effort and manual cost of escalating regulation and risk management requirements.
Promontory's 600 professionals are based in the United States, Europe, the... More
