EPAM Systems to Acquire First Derivative

EPAM Systems is set to acquire First Derivative, a renowned provider of consulting and technology services. This strategic move aims to enhance EPAM’s capabilities in the financial services sector, allowing it to deliver more comprehensive solutions to its clients.

First Derivative has a strong reputation for its expertise in data analytics, regulatory compliance, and software development, making it a valuable addition to EPAM’s portfolio. The acquisition is expected to expand EPAM’s reach in key markets and bolster its technological offerings.

Both companies share a commitment to innovation and customer-centric services, and this merger is anticipated to create meaningful synergies that will benefit their clients. By pooling resources and talents, EPAM hopes to drive growth and continue delivering high-quality services in an increasingly competitive landscape.

The acquisition is part of EPAM’s broader strategy to strengthen its presence in the financial services industry, which is undergoing rapid transformation driven by technological advancements. The integration of First Derivative’s expertise will enable EPAM to offer enhanced solutions tailored to the evolving needs of its clients in this sector.

Overall, this acquisition marks a significant step for EPAM Systems as it looks to expand its offerings and capabilities in the dynamic field of financial services.