Last year provided mixed fortunes for two of the world's largest suppiers of financial technology groups as SunGard saw revenues rise 14% while Thomson Financial, the information and systems division of the Thomson Corporation, slumped 5%.
SunGard saw net income rise 14% from $326m (€254m) in 2002 to $370m last year. Revenues were also up 14% in 2003, rising from $2.59bn the previous year to $2.96bn. Fourth quarter revenue rose 15% over the corresponding period in 2002.