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SS&C Technologies closes acquisition of fund administration business of CACEIS

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SS&C Technologies closes acquisition of fund administration business of CACEIS

SS&C Technologies Holdings Inc. closed the acquisition of CACEIS North America, the fund administration business of CACEIS, based in Toronto and New York.

As a result of the deal completion, SS&C Technologies will add more than 65 employees in Toronto and New York. CACEIS administers more than $15 billion in alternative assets, according to the press release.