"Management have proved themselves through the start up phase by being very conservative and patient, only jumping in on the right acquisitions."
This comment from a year ago......
" Rubik boss Brent Jackson said the company’s buying appetite had not waned despite picking up financial planning software provider COIN from Macquarie earlier this year.
“There’s never been a shortage of opportunities,” Mr Jackson said of acquisition targets.
“Over the years we’ve probably looked at 30 or 40 potential acquisitions every year, for five years. It’s a question of whether we can match our perception of value [with] theirs .?.?. enough to go through the effort of a deal,” he said. "
" Uniting Financial Services (UFS), the treasury arm of the Uniting Church, has fully adopted Rubik's Software as a Service (SaaS) product.
The 'Bank in a Box' solution provides comprehensive banking software via cloud technology to financial organisations that cannot or do not want to develop their own system............."Our Temenos T24 based solution combined with our own integrated channels product suite is proving to be very popular in the Australian and New Zealand markets and we expect our next implementations to be simpler and faster than any other.
"The trend to cloud technologies for retail banking is now a reality, and we expect to increase our market share over the coming 12 months." "