SS&C to Acquire O'Shares ETFs

SS&C Technologies Holdings said it has entered into a definitive agreement to acquire the business and assets related to O'Shares ETFs according to a story in Pensions and Investments news. SS&C is a global provider of services and software for the financial services and health-care industries. The strategic deal with O'Shares ETFs will expand the offerings of SS&C ALPS Advisors, SS&C's wholly owned asset manager. Under Windsor, Conn.-based SS&C's ownership, O'Shares ETFs will remain focused on wealth preservation, income and capital appreciation while leveraging SS&C ALPS Advisors' distribution capabilities, the release said.