(For the securities operations industry, last year saw many key mergers and acquisitions in several sectors: financial services firms, financial technology vendors, service providers and even between firms and vendors. A major provider to the securities industry, SS&C Technologies had its share of acquisitions, adding DST Systems, Eze Software, CACEIS North America and Intralinks to… Read More >>
SS&C Stock Jumps After DST Systems Acquisition News
SS&C Technologies Holdings, a major provider of financial services software systems and software-enabled services, announced January 11 that is acquiring DST Systems, an information processing and servicing solutions vendor, for approximately $5.4 billion in an all-cash transaction for $84 per share plus assumption of debt, officials say. This acquisition follows SS&C’s late 2014 purchase of… Read More >>
Broadridge Applies Blockchain/DLT to Proxy Process
JPMorgan, Northern Trust & Banco Santander Aid Broadridge Pilot This is the season for blockchain/distributed ledger technology pilots as Broadridge Financial Solutions, JPMorgan, Northern Trust and Banco Santander have announced that they been working on a pilot test project that uses blockchain technology to improve “global proxy vote transparency and analytics,” officials say. The… Read More >>
DST Global Updates Anova
DST Global Solutions, a subsidiary of DST Systems, Inc., which provides business processing, customer communications and data management solutions, has launched Anova 3.1, an enhanced version of its modular solution for performance measurement and fixed income attribution. Anova enables users to model the investment process with a choice of industry-leading attribution and yield curve models,… Read More >>
