Monday, October 4, 2010

TD Ameritrade Sells Thinklink to SS&C

SS&C Technologies Holdings, Inc. (SSNC) has just announced that they have acquired ThinkLink from TD Ameritrade Holding Corporation (AMTD).

“The thinklink transaction is aligned with our growth strategy for our front office software and software-enabled services. 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,” said Bill Stone, CEO of SS&C Technologies Holdings.

Thinklink is a trade order management system, as well as an execution system which is deployed over the internet. The acquisition of tradelink by SS&C will add over 50 sell-side clients to SS&C.

TD Ameritrade is an online broker with over 6 million customers located in the United States and even more internationally.

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