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SS&C Buys Innovest Systems for $120 Million

May 13, 2020 by FTF News

SS&C Buys Innovest Systems for $120 Million

Acquisition Adds to SS&C’s Wares for Trust Companies Securities systems and services provider SS&C Technologies recently signed a definitive agreement to acquire wealth management technology vendor Innovest Systems, based in New York City, for a total of $120 million in cash and stock, officials say. SS&C officials say that this strategic acquisition is intended to… Read More >>

Filed Under: Securities Operations, Buy-Side, Data Management, Industry News, Mergers & Acquisitions, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Reconciliation & Exceptions, Risk Management, Settlement, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), FinTech Trends, Back-Office, Integration, Standards, Performance Measurement, KYC, Regulatory Reporting, Industry News, People Moves Tagged With: asset servicing, automation, back office, CLS, compliance, digiital rights management, Hong Kong Exchanges and Clearing Co. (HKEx), Securities Operations, SS&C, trust accounting

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