London, UK and Toronto, Canada, August 6 2018 ā€“ Finastra has closed the transaction for the sale of its Canadian-based Collateral Management Corporation (CMS) business to Teranet, a Toronto-based pioneer in electronic registration services.CMS is a leading provider of lien registration services, recovery services and insolvency management solutions to Canadian lenders. The sale includes the registration and recovery business lines, which provide a comprehensive set of search and lien registration services, asset recovery services and…

Source: RealWire

from Albert Sherrill Investment Blog http://www.realwire.com/releases/Finastra-announces-closing-of-Teranet-transaction