State Street and SS&C announce milestones for their front-to-back offerings after integrating front-office providers into their end-to-end services.
SS&C claims 27 fund managers in the APAC region have signed up to use the Eze Eclipse platform in the last 12 months, including 20 new fund launches.
The completion of the takeover provides SS&C one of the most-used communications platforms used by private equity and hedge fund managers.
This year has seen some of the biggest deals inked between major players, shaking up the market structure and bringing with it a potentially huge impact on the future of trading. The TRADE reviews the mergers and takeovers that are already causing a stir in the industry.
Trend for back- and middle-office providers bolstering front-office capabilities through acquisitions continues as tech giant buys Eze Software.