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India: Synergy Log-in: Price rallies on tie-up plans (543).

Business Line

| August 29, 1999 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

Krishnan Thiagarajan

REPORTS that Infosys Technologies is in talks with Synergy Log-in Systems to jointly market the latter's specialised banking software products appears to have fuelled a rally in the stockprice.

Since the Integrated Treasury Management System, one of the key products in the portfolio of Synergy Log-in is basically a back office tool dealing with treasury operations, it offers good synergy to Infosys Bancs 2000, banking software. Bancs 2000 is a banking software which offers front-end banking solutions mainly in accounting and finance. The stockprice of Synergy Log-in has appreciated by 32.83 per cent to close for the week at Rs. 48.35. …

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