Open Solutions, a provider of integrated enabling technologies for financial service industry, has acquired The Weiland Financial Group (WFG), a provider of financial account-management solutions for financial institutions.
WFG plans to continue to offer and support its solutions on a stand-alone basis. Additionally, Open Solutions plans to integrate WFG’s products into its own offerings. WFG employees will become Open Solutions employees.
Louis Hernandez, chairman and CEO of Open Solutions, said: “Weiland Financial Group is highly recognized in the financial services market for providing top-quality products and services. We’re always looking to enhance our suite of innovative products and services, and WFG, with its own history of innovation, is an excellent fit for us.
“We believe WFG will add great value to our company and clients, and Open Solutions will bring additional value to their clients, employees and partners. On behalf of all of us at Open Solutions, I welcome the employees and clients of WFG to the Open Solutions family and look forward to working with them.”
Pat Weiland, CEO of WFG, said: “Open Solutions and WFG share a common dedication and commitment to the industry we serve. We are pleased to be joining Open Solutions and are committed to its growth and success. We will continue to support our customers and look forward to providing them with additional innovative products and services.”