The rSmart Group Teams with IBM on Open Source Financial System – Kuali

The rSmart Group, the leading open source application software company serving education, today announced it is teaming with IBM in support of the Kuali Financial System. The Kuali Foundation creates software that provides a comprehensive suite of functionality to serve the financial systems needs of all levels of colleges and universities.

“IBM’s commitment to open source solutions and a services oriented architecture creates a synergy that benefits both companies,” said Ray Barker, CEO of The rSmart Group. “The rSmart group is a leader in providing subscription based application support for education institutions that run Kuali and Sakai, an open source collaboration and learning environment. Our combined products and services allow these institutions to control and customize product design, lower costs, and more efficiently deliver mission critical enterprise IT systems. We intend to fully leverage this unique combination of capabilities to bring valuable open source solutions to the market.”

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