We are advising SS&C Technologies on the transaction

Davis Polk is advising SS&C Technologies in connection with its purchase of Hubwise in an all-cash transaction. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in 2022. The acquisition enables SS&C to leverage its scale and investment in digital services to target the U.K.-advised retail market, complementing its market-leading solutions for asset managers and discretionary wealth managers. The addition of Hubwise enhances SS&C’s capabilities in helping its customers to create highly automated and efficient multi-asset, multi-currency and multi-wrapper strategies.

SS&C is a global provider of services and software for the financial services and healthcare industries. Hubwise is a regulated U.K. B2B investment platform that serves advisers, discretionary wealth managers and self-directed digital D2C propositions.

The Davis Polk corporate team includes partner Will Pearce, counsel William Tong and associates Sophie Bessisso and Aaron Zacharias. The tax team includes partner Jonathan Cooklin and counsel Dominic Foulkes. Associate Mark Chalmers is providing regulatory advice. Counsel Matthew Yeowart is providing antitrust and competition advice. All members of the Davis Polk team are based in the London office.