September 30, 2024
Earlier today, SS&C announced the acquisition of Battea Class Action Services.
I am pleased to share we have completed the acquisition of Battea. As the market-leading provider of securities class action claims recovery services to financial institutions, Battea brings a new offering to SS&C’s suite of services. This new offering is highly complementary to our alternatives and asset management business.
We are thrilled to add over 100 talented employees with an average of 25 years of experience in financial markets. The Battea offering and team will augment SS&C’s capabilities with a comprehensive suite of administrative and research services for securities class actions for large financial institutions. The Battea team will report into our GlobeOp division under Bhagesh Malde.
SS&C and the Battea teams are committed to ensuring the same level of high-quality experience Battea clients expect. Our teams are working closely together, and we are committed to preserving the open, transparent and entrepreneurial culture you know and trust.
We thank you for your business and your continued trust in SS&C. You are the focus of everything we do.
Please reach out to Bhagesh Malde, Rahul Kanwar or me with any questions.
Sincerely,
Bill Stone
Chairman and CEO, SS&C
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