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Miami, FL – Dec 19, 2018 – Aquila Software (“Aquila”) announced today that it has closed the acquisition of Financial Risk Solutions (FRS). FRS is the developer of the Invest|ProTM product, a comprehensive Investment Administration Software solution for the life assurance and pensions industries.

“FRS is a tremendous team of individuals that due to their domain knowledge and close relationships with their clients have had great success in the market. All characteristics we value highly. We are excited to welcome them to the Aquila family and look forward to working closely with them” said Mike Byrne, CEO of Aquila.

He went on to say;
“We know that the leadership at FRS have set high goals for themselves to achieve their vision and provide great value to their clients and we are happy to assist in that focus”.
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