Global services and software provider SS&C Technologies is set to acquire Calastone following a definitive agreement reached between the two.
The acquisition, subject to regulatory approvals, is expected to close in the final quarter of this year and valued the funds network at £766m. Upon completion, Calastone will operate as part of SS&C's Global Investor & Distribution Solutions division, allowing the two parties to further bolster innovation, service delivery and operational efficiency across the global wealth and asset management ecosystem. Equity inflows down £1bn in May as Europe enjoys 'best month' since June 2024 "This is a proud moment for everyone at Calastone," said Julien Hammerson, Calastone CEO. "SS&C...
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