As expected (IMT, April 12), Bloomfield, Conn.-based SS&C Technologies (until recently known as Securities Software & Consulting) has issued a roughly 30 per cent initial public offering, putting some 3.75 million common shares up for sale on Nasdaq. The IPO began trading last week with shares opening at $19. SS&C plans to use the money raised from the IPO for working capital and general corporate purposes. The underwriters for the IPO are Alex. Brown & Sons and Hambrecht & Quist.
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails