Regnology, a Regtech company based in Germany, will acquire the Financial Risk and Regulatory Reporting (FRR) unit of Wolters Kluwer.
In a significant move, SS&C Technologies has agreed to acquire Calastone, a London-based global funds network and technology solutions provider, for approximately £766 million (around US$1.03 billion). The acquisition, subject to regulatory approvals and expected to close in the fourth quarter of 2025, aims to create a more connected, automated, and intelligent global fund ecosystem.
Founded in 2007, Calastone has built an extensive network connecting over 4,500 financial institutions across 57 markets. Its infrastructure automates trading, settlement, and distribution processes, making it a key player in the global asset and wealth management ecosystem. Since partnering with The Carlyle Group in 2020, Calastone has expanded its international operations and product offerings, including services for ETFs and digital assets.
Upon closing, Calastone will operate as part of SS&C’s Global Investor & Distribution Solutions division. This merger promises enhanced distribution and investor servicing for asset and wealth managers worldwide, operational scalability that empowers these managers to innovate and diversify products, better outcomes for investors globally through improved digital capabilities and automation, and acceleration of innovation and expansion of service delivery across the global funds ecosystem.
Bill Stone, Chairman and CEO of SS&C Technologies, emphasized the potential of this acquisition, stating, "The merger will shape the future of distribution and investment operations by creating a seamless fund ecosystem that benefits both asset managers and their clients." Julien Hammerson, CEO of Calastone, expressed pride about the acquisition, saying that SS&C’s platform will accelerate the launch of new digital capabilities and transformational services, supporting growth in the wealth and asset management sector.
The combined group intends to offer a unified platform to reduce operational complexity and cost for clients. By combining Calastone’s fund network with SS&C’s capabilities in fund administration, transfer agency services, and automation, the merger promises to streamline operations and improve efficiency across the industry.
However, the specific digital capabilities that Calastone plans to deliver post-acquisition are not detailed, and the agreement does not provide details about the management structure of the combined entity post-acquisition. Despite these uncertainties, the potential benefits of this acquisition for the global asset and wealth management industry are undeniable. The merger promises to transform operational infrastructure and client servicing capabilities, paving the way for a more connected, automated, and intelligent global fund ecosystem.
- The acquisition of Calastone by SS&C Technologies, a significant deal in the business world, promises to revolutionize the global asset and wealth management industry by creating a more connected, automated, and intelligent fund ecosystem, thereby enhancing investing opportunities in the landscape of technology.
- The combined entity, following the acquisition, aims to improve digital capabilities, streamline operations, and offer a unified platform for asset and wealth managers worldwide, thereby promising enhanced finance services, innovation, and diversification in the realm of technology.
%20unit%20of%20Wolters%20Kluwer.){kind=link}