State Street acquires Mercatus as it expands front-to-back solution for private markets
The move comes as custodians review their legacy technology platforms in order to cater for the many nuances and complexities inherent in private markets.
Tag: acquisition
BNY Mellon to acquire fund technology provider Milestone Group
Acquisition of investment automation and NAV oversight calculation solutions provider will bolster BNY Mellon’s digital capabilities, the asset servicer said.
SS&C Technologies to acquire Capita’s Ireland pensions and life insurance admin business
The acquisition will see the addition of CLPSI’s range of back-office administration services, as well as business process management, technology and consultancy services.
FIS takes majority stake in alternatives fund administration provider Virtus
The acquisition will provide FIS access to a range of new front-to-back office services for credit-focused alternatives fund managers.
MUFG Investor Services acquires Maitland’s HFA business
The deal will increase MUFG's Investor Services assets under administration (AuA) to over $600 billion, giving it enhance hedge fund administration capabilities.
Fund administrator Estera to be purchased by private equity firm
Estera will be set to benefit from Ocorian's strong links to the Middle East and Africa.
SS&C faces competition to buy Australian fund admin GBST Holdings
SS&C has entered into a non-binding proposal to buy GBST for approximately $155 million.
Intertrust acquires Viteos for $330 million
Intertrust sees the acquisition as furthering its strategy of becoming a global leader in tech-enabled corporate and fund solutions.
Broadridge acquires retirement plan custody and trust assets from TD Ameritrade
The acquisition of the assets marks the continued expansion of Broadridge’s Matrix Financial Solutions for the US pension industry.
Apex acquires Bermuda-based administrator to boost hedge fund coverage
The addition of Beacon Fund Services takes Apex's total assets under administration to $610 billion.