SS&C's Boulanger takes over the reins at FMC

SS&C's Boulanger takes over the reins at FMC

SS&C president and COO Normand Boulanger has been put in charge of recently acquired Canadian investment technology firm Financial Models Company, succeeding former president and CEO Stamos Katotakis.

Katotakis, who failed in his own takeover bid for FMC, quit the company at close of business Friday.

Boulanger was appointed president and COO at SS&C late last year, after a ten-year tenure at the firm.

SS&C says it has now acquired approximately 99.9% of the outstanding shares of FMC under its take-over bid and has sent a notice of compulsory acquisition to acquire the outstanding shares that have yet to be tendered.

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