Skip to main content

SS&C Technologies Acquires DST Systems

Windsor, CT based buy-side technology giant acquires parent company of DST Global Solutions, snapped up in December 2014.

bill-stone-adjust-app
Bill Stone, CEO of SS&C Technologies, has been at the helm of the firm that has snapped up Advent Software, DST Global Solutions, GlobeOp, CommonWealth Fund Services and Wells Fargo Global Fund Services in recent years.

SS&C Technologies, the Windsor, CT-based provider of buy-side focused technologies and services, and DST Systems, a provider of technology, advisory and business operations outsourcing to the financial services and healthcare industries, have agreed that SS&C will acquire DST in an all-cash transaction for $84 per share plus assumption of debt, equating to approximately $5.4 billion.

DST Systems, headquartered in Kansas City, Missouri, with more than 14,400 employees worldwide, generated pro

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here