27 May 2015
Your browser is unable to support Flash files.

SS&C completes BDO Simpson Xavier Fund Administration Services acquisition

09 September 2011  |  2751 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
Cash overtaken by non-cash payments in the...
7774 views comments | 49 tweets | 31 linkedin
UK opts out of European online payments se...
7363 views comments | 21 tweets | 16 linkedin
Bigger banks may have to set up their own...
6200 views comments | 39 tweets | 32 linkedin
JPMorgan Chase puts data to use with new t...
4518 views comments | 15 tweets | 6 linkedin
Postbank trials HCE mobile payments
4466 views comments | 9 tweets | 8 linkedin

Featured job

c.£70-100K base, commission + equity
London, UK

Find your next job