SS&C Acquires Gravity Financial

SS&C Technologies Holdings, Inc. SSNC, a global provider of financial services software and software-enabled services, today announced it has acquired Gravity Financial, a Northeast-based full-service fund administrator. The transaction, which adds 40 fund services customers and 10 staff, supports SS&C's strategy of targeted growth and leadership in the alternative fund services industry. The acquisition will provide Gravity's clients with access to the same outstanding team they work with today, backed by SS&C's broader range of software and services for the alternative investment management industry.