Windsor’s SS&C Technologies Holdings Inc. completed its previously announced buyout of Irish fund administrator BDO Simpson Xavier Fund.
The acquisition provides the financial software and services vendor entry to Europe’s regulated funds market.
Financial terms of the pending acquisition of the Dublin firm still weren’t being disclosed Friday.
Parent BDO is Ireland’s fifth largest accounting firm.
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SS&C said BDO Simpson’s fund accounting, administration and transfer agency services to the hedge fund and fund of funds sectors complements its business model.
SS&C has $223 billion in assets under administration.
