Consulting, technology and outsourcing services specialist Capgemini, has acquired Strategic Systems Solutions (SSS), a global IT services and business process outsourcing firm (BPO) focused on the financial services industry.

This acquisition is set to strengthen Capgemini’s capabilities and presence in the capital markets, while expanding its client base to comprise some of the largest and better recognised financial institutions in the world.

In addition this acquisition will provide Capgemini added strength in the Asia-Pacific region with IT and BPO platforms in China and the Philippines and will reinforce its presence in Singapore.

Prior to the completion of this acquisition, Capgemini owned 49% of SSS, and now Capgemini will fully integrate SSS with its existing capital markets unit in the Financial Services Global Business Unit.

Founded in 1995 and headquartered in the UK, SSS employs 670 professionals across the United Kingdom, United States, Singapore, China and the Philippines.