SS&C Buys MBS Software Will Integrate Its Product Into Camra System

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AFTER several months of negotiations, Bloomfield, Conn.-based investment management software vendor Securities Software & Consulting Inc. (SS&C) has acquired MBS Software Group Inc. (MBSSG). SS&C targeted the firm for acquisition because it wanted to integrate the smaller vendor's Allocator Plus--a PC network-based software package for mortgage-backed securities trading--into its own Complete Asset Management, Reporting and Accounting (Camra) system as an optional module, according to SS&C

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