Citigroup (Citi) completed its acquisition of The BISYS Group, Inc. effective August 1, 2007. On that same date, private equity firm J.C. Flowers & Co. LLC (JCF) completed a transaction with Citi in which JCF acquired the Insurance and Retirement Divisions of the former BISYS Group, Inc. JCF combined those businesses with Crump Insurance Services, Inc., a wholesale property and casualty insurance broker already owned by JCF. The combined insurance organization operates under the name Crump Group, Inc. with the Retirement Services business operating under the name Ascensus. Citigroup retained the Investment Services Division of the former BISYS Group, Inc. About The Bisys Group, Inc. The BISYS Group, Inc. was a public (NYSE: BSG) global outsourcing solutions firm that helped investment firms and insurance companies to more efficiently serve their customers, grow their businesses, and respond to evolving regulatory requirements. Through its Insurance Services group, BISYS was the nation's largest independent wholesale distributor of life insurance and a leading independent wholesale distributor of commercial property/casualty insurance, long-term care, disability, and annuity products. Its Investment Services group provided administration and distribution services for mutual funds, hedge funds, private equity funds, retirement plans, separately managed accounts, and other investment products.
View Top Employees from BISYS Fund ServicesWebsite | http://www.citibank.com/transactionservices/home/about_us/press_room/archives/2007/2007_0801.jsp |
Revenue | $76.3 billion |
Employees | 24 (21 on RocketReach) |
Founded | 1989 |
Address | 388 Greenwich St, New York City, New York 10013, US |
Phone | (212) 559-1000 |
Industry | Financial Services, Banking, BPO/Outsource Services, Finance, Multi-line Insurance |
Competitors | Bank of America Merchant Services, Deutsche Bank Securities, JPMorgan Chase & Co., U.S. Bank, Wells Fargo Securities |
SIC | SIC Code 609 Companies, SIC Code 60 Companies |
NAICS | NAICS Code 523 Companies, NAICS Code 5231 Companies, NAICS Code 522 Companies, NAICS Code 52 Companies, NAICS Code 5221 Companies |
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The BISYS Fund Services annual revenue was $76.3 billion in 2023.
Carrie Schneiderman is the Vice President of BISYS Fund Services.
21 people are employed at BISYS Fund Services.
BISYS Fund Services is based in New York City, New York.
The NAICS codes for BISYS Fund Services are [523, 5231, 522, 52, 5221].
The SIC codes for BISYS Fund Services are [609, 60].