New Delhi: Global financial services consulting firm Headstrong Wednesday announced the acquisition of US-based Lydian Data Services for an undisclosed amount.
Lydian Data Services, a mortgage, BPO and technology services has processed mortgage volumes of over $150 billion over the last four years.
The company is set to benefit from the Lydian Data Services’s processing platform that supports some of the largest investment banks, financial institutions and government sponsored enterprises, a company statement said.
“The premier financial services consulting firm combines platforms based mortgage processing with full range of services from consulting and implementation to mortgage processing to its global clientele,” the $200-billion company’s president and COO Sandeep Sahai stated.
The acquisition of Lydian Data Services will strengthen Headstrong’s US operations, through the addition of processing centres in Atlanta, Georgia and Boca Raton, Florida, Sahai said.