{"id":880671,"date":"2025-09-02T05:03:10","date_gmt":"2025-09-02T09:03:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ssc-technologies-to-acquire-curo-fund-services\/"},"modified":"2025-09-02T05:03:10","modified_gmt":"2025-09-02T09:03:10","slug":"ssc-technologies-to-acquire-curo-fund-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ssc-technologies-to-acquire-curo-fund-services\/","title":{"rendered":"SS&C Technologies To Acquire Curo Fund Services"},"content":{"rendered":"

<\/p>\n

SS&C Technologies To Acquire Curo Fund Services<\/b><\/p>\n

\nThe acquisition will grow SS&C\u2019s fund administration business in South Africa<\/p>\n

WINDSOR, Conn.–(BUSINESS WIRE<\/a>)–SS&C Technologies Holdings, Inc.<\/a> (Nasdaq: SSNC) today announced the acquisition of Curo Fund Services, a leading South African provider of fund administration solutions, from a joint venture between Sanlam and Old Mutual. The transaction is subject to approval by the South African Competition Commission. Terms of the deal were not disclosed.<\/p>\n

\nCuro Fund Services administers more than R 3 trillion (USD 170.4 billion) in assets and services Sanlam, Old Mutual and third-party institutional clients. Around 300 employees will join SS&C in Cape Town following the close of the transaction. Curo Fund Services already leverages several of SS&C\u2019s fund accounting and asset servicing technologies.<\/p>\n

\nThe transaction will not affect Curo\u2019s existing client administration arrangements. SS&C\u2019s global scale and expertise will enable enhanced solutions and improved service delivery. All parties are committed to ensuring a seamless transition.<\/p>\n

\n\u201cCuro brings deep client relationships and a proven service track record,\u201d said Bill Stone<\/b>, Chairman and CEO, SS&C<\/b>. \u201cTogether, we will deliver greater efficiency, data-driven insights, and integrated services for the region\u2019s insurers, asset managers and institutional investors.\u201d<\/p>\n

\nIndependently owned by SS&C, Curo will join the Global Investor & Distribution Solutions (GIDS) group led by Nick Wright. This independence provides South African clients with access to a globally scaled technology and services provider, offering enhanced neutrality, innovation, and flexibility. Coupled with SS&C\u2019s automation, data, and operational expertise, Curo is positioned to expand its fund administration offerings, grow market share, and accelerate growth across South Africa and the African continent.<\/p>\n

\n\u201cWe are proud to be joining the SS&C family,\u201d said Lionel Vice<\/b>, CEO of Curo Fund Services<\/b>. \u201cThis partnership allows us to accelerate our innovation journey and offer a more robust and comprehensive suite of solutions to our clients while continuing to grow our business. SS&C\u2019s global expertise, commitment to service excellence, and focus on developing the local market align strongly with Curo\u2019s purpose and vision.\u201d<\/p>\n

About Curo<\/b><\/p>\n

\nCuro Fund Services is a South African-based fund administrator servicing more than R 3 trillion in assets on behalf of a wide range of financial services clients. With deep industry expertise and a strong record of operational delivery, Curo provides asset managers, investment platforms, and institutional investors with comprehensive fund accounting, investor administration, and regulatory reporting services.<\/p>\n

About SS&C Technologies<\/b><\/p>\n

\nSS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.<\/p>\n

\nAdditional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com<\/a>.<\/p>\n

\nFollow SS&C on X<\/a>, LinkedIn<\/a> and Facebook<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250902955343\/en\/<\/a><\/span><\/p>\n

\nFor more information<\/p>\n

\nBrian Schell
\n
Chief Financial Officer
\n
SS&C Technologies
\n
Tel: +1-816-642-0915
\n
E-mail: InvestorRelations@sscinc.com<\/a><\/p>\n

\nJustine Stone
\n
Investor Relations
\n
SS&C Technologies
\n
Tel: +1-212-367-4705
\n
E-mail: InvestorRelations@sscinc.com<\/a><\/p>\n

\nMedia Contacts
\n
Sam Gentile
\n
Tel : +1-646-818-9195
\n
E-mail : pro-SSC@prosek.com<\/a><\/p>\n

KEYWORDS:<\/b> Africa United States South Africa North America Connecticut<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Data Analytics Finance Asset Management Data Management Professional Services Technology Fintech<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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SS&C Technologies To Acquire Curo Fund Services The acquisition will grow SS&C\u2019s fund administration business in South Africa WINDSOR, Conn.–(BUSINESS WIRE)–SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the acquisition of Curo Fund Services, a leading South African provider of fund administration solutions, from a joint venture between Sanlam and Old Mutual. The transaction is subject to approval by the South African Competition Commission. Terms of the deal were not disclosed. Curo Fund Services administers more than R 3 trillion (USD 170.4 billion) in assets and services Sanlam, Old Mutual and third-party institutional clients. Around 300 employees will join SS&C in Cape Town following the close of the transaction. Curo Fund Services already leverages several of SS&C\u2019s fund accounting and … <\/p>\n

Continue reading “SS&C Technologies To Acquire Curo Fund Services”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-880671","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSS&C Technologies To Acquire Curo Fund Services - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ssc-technologies-to-acquire-curo-fund-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SS&C Technologies To Acquire Curo Fund Services - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SS&C Technologies To Acquire Curo Fund Services The acquisition will grow SS&C\u2019s fund administration business in South Africa WINDSOR, Conn.–(BUSINESS WIRE)–SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the acquisition of Curo Fund Services, a leading South African provider of fund administration solutions, from a joint venture between Sanlam and Old Mutual. The transaction is subject to approval by the South African Competition Commission. Terms of the deal were not disclosed. Curo Fund Services administers more than R 3 trillion (USD 170.4 billion) in assets and services Sanlam, Old Mutual and third-party institutional clients. Around 300 employees will join SS&C in Cape Town following the close of the transaction. 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