NU Online News Service, Sept. 14, 2004, 4:02 p.m. EDT
BISYS Group Inc., New York, says it will postpone filing its Form 10-K annual report with federal securities regulators.[@@]
BISYS, which has a fiscal year that ends June 30, sells support services to insurance companies, mutual fund companies and other financial services companies.
BISYS was going to file its Form 10-K Monday, but an employee in the fund services unit “raised certain issues, particularly in connection with the documentation process in the company’s preparation for a SAS 70 review,” BISYS says.