SS&C Technologies Holdings is delivering a fairly convincing impression of a news agency today, issuing not one but two significant releases within an hour or so of one another.

The second of the two details how it has acquired Primatics Financial for approximately $122 million on a cash and debt-free basis from The Carlyle Group, one of the world's best-known private equity houses. The acquisition is expected to close in the fourth quarter of 2015. Primatics has 384 employees, 2014 annual revenues of $51 million and adjusted EBITDA of $12 million.

Headquartered in McLean, Virginia, Primatics is described by SS&C as a leader in accounting, forecasting, regulatory reporting, reserving and stress testing solutions to financial institutions holding or acquiring loans. 

The Primatics EVOLV platform is a cloud-based, integrated risk and finance solution designed to tackle the end-to-end process challenges impacting all loan lifecycle events facing financial institutions of all sizes.

Nomura Research Institute (NRI), a provider of consulting services and system solutions, reports the successful go-live of its custody solution with Golomt Bank of Mongolia, which it describes as a pioneer among Mongolian banks in introducing initiatives to accelerate development in the regional financial sector.

Large banks which spend between US$6 billion and $9 billion processing standardised trades each year, and could reduce those costs by up to 40 percent by adopting a “utility” model, according to a new study by Broadridge Financial Solutions.

More news on the progress being recorded by SWIFT's MyStandards Readiness Portal. 

Sungard reports that French insure Generali Vie has gone live on its IntelliMatch Operational Control solution to manage its cash and securities reconciliations from a single, centralised enterprise platform. 

Multifonds, a Temenos company and provider of investment fund software, reports the expansion of its core transfer agency (TA) solution, Multifonds Global Investor (MFGI). 

Brown Brothers Harriman (BBH) is the first global custodian to go live on the new Omgeo ALERTS GC Direct service.