19 April 2015

SS&C completes BDO Simpson Xavier Fund Administration Services acquisition

09 September 2011  |  2737 views  |  0 Source: SS&C Technologies Holdings

SS&C Technologies Holdings, (Nasdaq:SSNC), a global provider of investment and financial software-enabled services and software, today announced the completion of its acquisition of BDO Simpson Xavier Fund Administration Services Limited, a division of BDO.

The finalized agreement, first announced on August 19, 2011, adds the Dublin-based fund administrator to SS&C's existing global fund administration business. The addition of the regulated and operational office in Dublin provides SS&C entry into the strategically important European regulated funds market, providing support for additional fund structures, including UCITS and QIF funds. SS&C is rapidly moving towards deploying its advanced portal and mobile technologies to the European marketplace.

SS&C's global fund administration business has $224 billion in assets under administration and approximately 500 staff to service the hedge fund, fund of funds, private equity and managed accounts industry. A full service independent fund administrator, SS&C provides middle and back office services on its proprietary technology platform including net asset value computations, risk analytics, investor services and reporting and web services. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
UK banks covering up cybercrime losses - C...
6870 views 14 comments | 26 tweets | 13 linkedin
BBVA buys UX firm Spring Studio
6563 views comments | 32 tweets | 17 linkedin
Card is king as cash usage continues to fa...
6167 views comments | 22 tweets | 14 linkedin
Digital and core renewal to drive bank IT...
4859 views comments | 32 tweets | 25 linkedin
World Bank reports big drop in numbers of...
4817 views 10 comments | 36 tweets | 14 linkedin

Featured job

To £130K + Bonuses
London based with substantial travel in the Region

Find your next job