SSC Acquires Funds Network Calastone in Strategic £1bn Deal

A Major Move in the Digital Funds Transfer Landscape

Highlights:

  • SSC has successfully acquired Calastone for £1 billion.
  • The acquisition aims to enhance digital fund transfer capabilities.
  • This strategic move positions SSC as a leader in fintech solutions.

In a significant development for the financial technology sector, SSC has acquired Calastone in a deal valued at £1 billion. This strategic acquisition is set to bolster SSC’s digital capabilities in the funds transfer space, enhancing service offerings. The integration of Calastone’s technology will help SSC deliver more efficient solutions to its clients, indicating a strong commitment to innovation in the fintech landscape.

Rinsu Ann Easo
Rinsu Ann Easo
Diligent Technical Lead with 9 years of experience in software development. Successfully lead project management teams to build technological products. Exposed to software development life cycle including requirement analysis, program design, development and unit testing and application maintenance. Has worked on Java, PHP, PL/SQL, Oracle forms and Reports, Oracle, Bootstrap, structs, jQuery, Ajax, java script, CSS, Microsoft Excel, Microsoft Word, C++, and Microsoft Office.

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