Friday, 24 June 2016
Last updated 1 hour ago
Sep 9 2011 | 11:19am ET
SS&C Technologies has closed its deal for fund administrator BDO Simpson Xavier Fund Administration Services.
Financial terms of the deal were still not disclosed, but Windsor, Conn.-based SS&C said that Dublin-based BDO Simpson would become part of its global fund administration business. SS&C said that acquisition would give it a foothold in the European regulated funds market and allow it to deploy its advanced portal and mobile technologies in Europe.
SS&C and BDO struck the deal on BDO Simpson on Aug. 19.