Traditionally dominated by tropical offshore domiciles such as Bermuda and the Cayman Islands, the captives industry in recent years has been shifting its focus to U.S. shoresa trend that is expected to continue and perhaps accelerate in 2013 as more companies recognize some of the distinct advantages of domiciling domestically.
SunGard has acquired Automated Financial Systems Corporation (AFS), a provider of front-office products for financial institutions. AFS will become part of SunGard's WealthStation wealth management