Aryza Group acquires Oyster Bay Systems

Financial service software solutions provider Aryza Group has announced the acquisition of Oyster Bay Systems OBS) and its subsidiary Profile Data Services (PDS).

Aryza says the strategic acquisition will strengthen the company’s position in the finance and lending market, expanding the group’s capability in the loan management sector, adding scale and client reach in the UK and capability across Europe.

Colin Brown, CEO of Aryza Group said “We are thrilled to welcome Oyster Bay Systems into the Aryza Group family. This strategic move not only expands our global presence but also plays a pivotal role in reducing fragmentation in the UK lending supplier space. By bringing together the expertise of Aryza Group and Oyster Bay Systems, we aim to offer a seamless and integrated software offering, providing better outcomes for the end user.

“This acquisition would lead to more of the market having access to the full Aryza software offering across the whole credit and debt lifecycle. Our commitment to innovation and efficiency is unwavering, and we believe that this consolidation will drive positive change in the industry. We look forward to leveraging our combined strengths to deliver unparalleled value to our clients and contribute to the evolution of the financial services landscape.”