SS&C Buys Competitor Chalke; Combined Portfolio Systems Expected Later This Year

PORTFOLIO SYSTEMS

Bloomfield, Conn.-based Securities Software & Consulting Inc.--best known for its Complete Asset Management Reporting & Accounting (Camra) product--has acquired Chantilly-Va.-based Chalke Inc., an asset/liability management software provider to the insurance industry. Officials at both companies expect Chalke's modeling capabilities to complement SS&C's asset management database to provide better portfolio predictions. The combined products are expected to be available by the end of the seco

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