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SS&C Buys CACEIS North America

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced it has entered into an agreement to acquire CACEIS North America, the fund administration business of CACEIS based in Toronto and New York. The acquisition, which is subject to customary closing conditions, is expected to close in the first quarter of 2018. "We welcome the clients and skilled professionals of CACEIS North America. This acquisition further enhances the depth of our teams and our servicing capability in the Toronto and New York markets," said Bill Stone, Chairman and CEO. CACEIS is known for its leading fund administration services and support for complex...