SS&C to Acquire Capita’s Life Insurance and Pensions Servicing Business
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced it has entered into an agreement to acquire Capita Life & Pensions Services (Ireland) Limited (CLPSI) and certain related business. The acquisition grows SS&C’s presence in the international life insurance and pensions servicing market.
CLPSI provides business process management, technology and consultancy services to the international life and pensions sector. With approximately 380 employees in Dublin, Belfast, and Craigforth, the business offers financial and back-office administration services, claims management, actuarial and financial reporting, investment administration, product and IT development, and business transformation services.
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