With a nod from the SEC, SS&C Technologies will be able to target its cloud-based, post-trade matching service SSCNet at the “significant unmet trade matching service levels in the U.S.,” say vendor officials. After being able to offer it to Canadian markets, SSCNet should be available to U.S. clients, starting sometime next year, says Bob… Read More >>
SS&C to Acquire Primatics for $122M
Financial software and services vendor SS&C Technologies has acquired Primatics Financial for approximately $122 million on a cash and debt-free basis from private equity giant The Carlyle Group to lay the groundwork for a solution that integrates accounting, statutory and entity reporting, officials say. SS&C officials say the acquisition is slated to close during the… Read More >>
SS&C Embraces Cloud-Based Reporting via Varden Purchase
Services and software vendor SS&C Technologies is clearly in a buying mood as it announced its third acquisition this year — Varden Technologies, a provider of client and advisor communication solutions for investment firms — in a bid for the leadership position in cloud-based enterprise reporting. Earlier this year, SS&C acquired Citigroup’s Alternative Investor Services… Read More >>
SS&C Names Advent’s Leadership Team as EMEA Director Departs
SS&C Technologies, a provider of financial services software, has named the leadership team for its recently acquired Advent Software business unit. At the same time, investment management systems and services vendor SimCorp has hired Martin Engdal, a former market strategist and senior director of business development, EMEA, for Advent. The new management structure for Advent… Read More >>
