SS&C Technologies Holdings, a provider of financial services software and software-enabled services, announced that SS&C has acquired the thinklink business from TD Ameritrade.
thinklink is an Internet-deployed trade order management system, execution system, liquidity engine and provides connectivity to algorithmic trading systems. The acquisition adds more than fifty institutional sell-side clients and seven staff based in Needham, Massachusetts.
"The thinklink transaction is aligned with our growth strategy for our front office software and software-enabled services," said Bill Stone, Chairman and CEO, SS&C Technologies Holdings.
"We are excited to leverage thinklink's platform with our existing trading capabilities and deliver additional value to our clients and prospects as well as cross-selling our complementary solutions to their client base."