Earlier today, we announced the close of SS&C’s DST acquisition.The addition of DST’s financial services and healthcare businesses provide SS&C with additional scale and breadth across the institutional, alternative, wealth management, and healthcare segments.
SS&C, together with DST, will have 13,000 customers, over 20,000 employees, and $3.9 billion in revenue. We are well positioned to develop innovative products and services and deliver even greater value to you.
Mike Sleightholme will lead the DST business and will report to Rahul Kanwar, SS&C’s Executive Vice President. Steve Hooley, former President and CEO of DST, will leave the company as part of this transaction, and we wish him all the best.Steve has graciously offered to assist us in an informal capacity.
Thank you for choosing SS&C. Please do not hesitate to reach out to me, Rahul, Mike, or any DST executive, with any questions you may have.
Chairman and CEO, SS&C