Source: SS&C Technologies
SS&C Technologies Holdings (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced SS&C has acquired the thinklink business from TD Ameritrade Holding Corporation (Nasdaq:AMTD).
thinklink is an Internet-deployed trade order management system , execution system, liquidity engine and provides connectivity to algorithmic trading systems. The acquisition adds more than fifty institutional sell-side clients and seven staff based in Needham, Massachusetts.
"The thinklink transaction is aligned with our growth strategy for our front office software and software-enabled services," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies Holdings, Inc. "We are excited to leverage thinklink's platform with our existing trading capabilities and deliver additional value to our clients and prospects as well as cross-selling our complementary solutions to their client base."