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SS&C Technologies to acquire client engagement solution provider

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SS&C Technologies to acquire client engagement solution provider

SS&C Technologies Holdings Inc. agreed to acquire the Investrack business from UAE-based Globacom Technologies.

Investrack will operate as a business unit under SS&C Advent, adding 29 employees based in Dubai and Pune, India, as well as 30 clients in 14 countries.

A long-time partner of SS&C, Investrack provides client engagement solution for private banks and wealth and investment management firms.

The transaction is subject to customary closing conditions and is expected to close later this September.