SS&C Announces Acquisition Of Shepro Braun, Plans Straight-Through-Processing Effort


SS&C Technologies Inc. signed a letter of intent to acquire Shepro Braun Systems Inc. on Monday. The agreement was reached as part of SS&C's efforts to capitalize on the accelerating trend toward straight-through-processing, and the company cited Shepro Braun's recently released Antares, front-office trading system as a big attraction for doing the deal.

The terms of the agreement were not disclosed, and a Shepro Braun spokesman could not say whether the Chicago firm would continue operating as

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