SS&C reshuffles Intralinks executive team as former CEO exits

The former CEO of the Intralinks business will be leaving at the end of September. 

By Jonathan Watkins

SS&C has named new co-heads of the recently acquired Intralinks business, replacing the former CEO who will not be in the company’s plans moving forward.

Leif O’Leary operated at the helm of Intralinks at the time of the $1.5 billion takeover, but will be leaving SS&C at the end of September.

Running the newly integrated business – SS&C Intralinks – will now be Ken Bisconti and Bob Petrocchi, former C-level executive of Intralinks.

Bisconti, who joined Intralinks in 2017, was formerly chief product officer, while Petrocchi was most recently chief revenue officer.

“We are confident that Ken and Bob will help the business grow and bring value to our customers and shareholders,” said Bill Stone, chairman and chief executive officer, SS&C Technologies. “We wish Leif well and thank him for his contribution.”

SS&C completed the acquisition of financial technology provider in November 2018, giving it one of the most-used investor communication platforms by alternatives investment managers.

Intralinks facilitates strategic initiatives including mergers and acquisitions (M&A), capital raising and investor reporting.

Its communications platform is one of the most-used by private equity and hedge fund managers, with the largest hosted community of general and limited partners for the alternatives investments industry.

Speaking in February, Rahul Kanwar, president and chief operating officer for SS&C Technologies, explained the firm had already implemented some synergies with Intralinks’ products. He added that a $20 billion-plus firm which is an existing SS&C GlobeOp fund administration client chose the Intralinks platform for all fundraising, investor reporting, portfolio management and M&A activity across all regions and business lines.

The Intralinks deal capped of a busy year of M&A for SS&C when it also acquired DST Systems, Eze Software and CACEIS’ North American fund administration business.