SS&C to acquire Curo Fund Services from Old Mutual and Sanlam.

SS&C, a global provider of services and software for the financial services and healthcare industries, agreed to acquire Curo Fund Services, a South African provider of fund administration solutions, from Old Mutual, a South African financial services group, and Sanlam, a South African insurance company. Financial terms were not disclosed. "Curo brings deep client relationships and a proven service track record. Together, we will deliver greater efficiency, data-driven insights, and integrated services for the region’s insurers, asset managers and institutional investors," Bill Stone, SS&C Chairman and CEO.