SS&C Technologies Completes Acquisition of Curo Fund Services

Core Insights - SS&C Technologies has completed the acquisition of Curo Fund Services, enhancing its presence in South Africa [1][2] - Curo Fund Services administers over R 3 trillion (approximately USD 170.4 billion) in assets, serving major clients like Sanlam and Old Mutual [2][5] - The acquisition will allow SS&C to provide South African clients with advanced automation, data, and operational expertise [2][4] Company Overview - Curo Fund Services is a prominent fund administrator in South Africa, offering comprehensive fund accounting, investor administration, and regulatory reporting services [5] - SS&C Technologies is a global provider of services and software for financial services and healthcare industries, with over 23,000 clients worldwide [6] Strategic Implications - The merger is expected to expand Curo's fund administration offerings and accelerate growth across South Africa and the African continent [2][4] - SS&C's global scale and expertise will enhance service delivery and client solutions, ensuring a seamless transition for existing clients [3][4]