secwatch.observer — SEC 8-K summary
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Issuer:     SS&C Technologies Holdings Inc (SSNC)
CIK:        0001402436
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0001564590-21-037401
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SS&C enters joint venture with Anthem and Humana to create cloud-based PBM platform DomaniRx
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- SS&C holds 80.2% stake; total committed capital up to $925M from partners.
- Initial cash contributions of $138.3M plus license of RxNova claims platform.
- DomaniRx to develop cloud-native, API-driven claims adjudication platform targeting PBM market.
- Humana to be first customer; Anthem and Humana have exit rights under certain conditions.
- Joint venture named DomaniRx LLC; SS&C to perform development and management services.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402436/000156459021037401/0001564590-21-037401-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402436/000156459021037401/ssnc-8k_20210715.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-037401

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer