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Technology Firm Scoops Up Compensation Software Supplier

By Staff Writer

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SunGard Data Systems Inc. has acquired DSPA Software Inc.

SunGard, Wayne, Pa., is a financial services software company.

DSPA, Atlanta, sells the FASAT system, software package that can help life insurers manage distribution of their products and keep track of compensation.

SunGard is not saying how much it is paying for DSPA, but it says it will fold DSPA into the SunGard insurance business.

SunGard will market the FASAT system along with SunGard’s own life products, SunGard says.