Business Software Group announces the acquisition of OTESI, a software development company specializing in financial reporting solutions for regulatory compliance before the Banco de España and the CNMV.

The acquisition of OTESI strengthens BSG’s leadership position by adding a new business line focused on financial sector technology, helping banking institutions generate accurate financial reports that meet regulatory requirements.

This transaction is part of BSG’s strategy to diversify its portfolio with niche software companies with high added value and captive customers in regulated sectors.

OTESI adds to a portfolio that includes companies specializing in ERP, CAE, asset management, and other critical business software verticals.