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The BISYS Group, a mutual fund distribution and administration company based in Little Falls, New Jersey, has acquired EXAMCO, a New Orleans company that trains financial services employees over the Internet.

BISYS plans to cross-sell EXAMCO's services to its insurance and investment company client base, which includes 100,000 brokers and agents. BISYS also services over 800 banks. EXAMCO will now be called BISYS Education Services and will be part of BISYS Insurance and Education Services.