Windsor-based SS&C Technologies completes South African acquisition
Summary
SS&C Technologies completed its acquisition of Curo Fund Services, a South African fund administrator. The deal adds about 300 employees in Cape Town to SS&C and expands its presence in financial services software and services. Curo already uses several SS&C fund accounting and asset servicing technologies, which should help continuity after the transaction. SS&C says the acquisition will not change Curo’s existing client administration arrangements. The company continues to serve more than 23,000 clients globally across financial services and healthcare.
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SS&C Technologies
$1B+