SS&C Technologies (SS&C) will be acquiring the risk analytic products and services of Algorithmics from IBM via a definitive agreement that also includes more than 200 clients, 350 employees and offices in 25 countries. The deal will facilitate SS&C’s expansion of its risk management and regulatory compliance offerings, officials say. The cloud-based technology of the… Read More >>
SmartStream Acquires Collateral Solution from IBM
SmartStream Technologies, which characterizes itself as a financial transaction lifecycle management solutions provider, reports that it has acquired “assets related to software, sales and support of IBM’s Algorithmics collateral solution,” officials say. SmartStream officials add that its move is “a strategic deal to enhance SmartStream’s existing suite of solutions” for the end-to-end post trade lifecycle…. Read More >>
