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SS&C Acquires Battea Class Action Services for $670M

September 13, 2024 by FTF News

SS&C Acquires Battea Class Action Services for $670M

SS&C Technologies is acquiring Battea-Class Action Services, a securities class action claims management and settlement recovery services provider for $670 million, subject to certain adjustments, officials say. “Battea helps more than 900 banks, asset managers hedge funds and proprietary trading firms receive the maximum distribution of entitled settlements. The acquisition is expected to close this… Read More >>

Filed Under: Securities Operations, Back Office, Buy-Side, Data Management, Mergers & Acquisitions, Operational Risk, Regulation & Compliance, Industry News, People Moves Tagged With: back office, CFTC, FINRA, SEC, securities class action claims management, Securities Operations, Standards, wall street

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