GLASTONBURY, Conn. — In its first acquisition since returning to a private structure, Open Solutions Inc. announced it is acquiring Fincentric Corporation and thus deepening its commitment to the Canadian market. Canadian-based Fincentric Corporation is a core banking and software firm serving primarily the Canadian market. Fincentric has 167 customers worldwide including half of Canada's top 25 credit unions.

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Open Solutions was bought out by private equity firms The Carlyle Group and Providence Equity this year.

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