SS&C Technology Holdings has announced a deal to acquire Captricity, the maker of an AI platform that extracts handwritten and printed text from documents.
“The financial and healthcare industries are challenged by the abundance of manual paper-based transactions, often including significant amounts of handwritten data. The addition of Vidado and Captricity’s team will complement SS&C’s business process outsourcing (BPO) services and our AWD business process management solution. We look forward to working with Vivado’s talented team to continue to deliver intelligent solutions.”
Bill Stone, SS&C Technology Holdings Chairman and CEO