SS&C; Technologies Holdings, a global provider of financial services software and software-enabled services, will acquire Advent Software, a provider of software and services for the global investment management industry, for $2.7bn in cash, equating to $44.25 per share plus assumption of debt.
Global legal practice Norton Rose Fulbright has advised Norfund on the agreement to purchase of a stake of 12.223% in Equity Group Holdings from Helios Investment Partners.
S&P; Dow Jones Indices (S&P; DJI), a provider of financial market indices, has announced the launch of the S&P; Quality South Africa Index, which is designed to measure high quality stocks in the South African equity market.
Allen & Overy has re-launched its derivatives services business as aosphere at a crucial time for financial institution clients, who are facing a combination of increasing compliance requirements, reduced budgets and significant financial consequences should they be found to be in breach of regulatory obligations.
African Capital Alliance (ACA), Nigeria's first institutional private equity fund manager and one of Africa's leading alternative asset management firms, has automated and streamlined its operations via FrontInvest, eFront’s flagship solution, which includes an investee portal.
PROFILE Software, an international financial solutions provider, has released an upgraded version of IMSplus 2.1, its wealth and asset management platform.
Standard Chartered has signed a multi-year agreement with Earthport to extend its International Automated Clearing House (IACH) coverage in the network of fast growing markets in Asia, Africa and Middle East.
Societe Generale Securities Services (SGSS) has extended its South African custody hub to Mauritius by becoming the first remote participant to receive approval from the Mauritius Financial Services Commission (FSC) to provide comprehensive custody services in the country.
Deutsche Börse will distribute the Concerto African Bond Indices as well as the corresponding bond prices and data, starting November 24.
To help banks in Africa address evolving risk requirements, SunGard has developed an advanced analytics engine that enables rapid credit risk reporting and analysis. Growing demands for greater understanding of counterparty risk and credit-valuation-adjustment (CVA) measures are driving firms to conduct scenario based risk and sensitivity analysis.
S&P; Capital IQ has signed an agreement with GlobalView to deliver a comprehensive market data and network infrastructure solution.
Intercontinental Exchange (ICE) has announced that ICE Clear Credit has introduced clearing for South Africa credit default swap (CDS) instruments for dealer to dealer and client clearing.
Allen & Overy has established presence on the ground in South Africa, by launching an office in Johannesburg.
Societe Generale Securities Services (SGSS) in South Africa has been mandated by Nomura to act as its sub-custody bank in the country.
