- SS&C Technologies ( NASDAQ: SSNC ) has acquired the sell-side Tier1 customer relationship management business and related assets from Tier1 Financial Solutions in an all-cash deal.
- Based in Toronto, Canada, Tier1 CRM supplies CRM capabilities to sell-side financial services firms. The acquisition will complement and extend SS&C's CRM offerings, targeting capital markets and investment banks.
- Tier1 CRM's 60+ employees in Canada and the U.S. will join SS&C ( SSNC ), reporting to Derek Landi, Vice President and General Manager, SS&C Salentica.
For further details see:
SS&C acquires Tier1's CRM business in all-cash deal