SS&C to Acquire Dublin-Based Fund Administration Business

SS&C Technologies Holdings, Inc., SSNC today announced it has entered into a definitive agreement to acquire BDO Simpson Xavier Fund Administration Services Limited, a division of BDO. The change of ownership was approved by the Central Bank of Ireland on the 12th of August 2011. The new division of SS&C will be known as SS&C Fund Services Ireland Limited. The transaction is subject to customary closing conditions and is expected to close before the end of August 2011. The addition of the regulated, fully staffed and operational office in Dublin provides SS&C entry into the strategically important European regulated funds market, providing support for additional fund structures, including UCITS and QIF funds.