Ss&C Technologies Stock Price, News & Analysis

SS&C ALPS Advisors, a subsidiary of SS&C Technologies Holdings (Nasdaq: SSNC), has announced the closure of the ALPS Global Travel Beneficiaries ETF (NYSE ARCA: JRNY). The fund will close to new investors on October 16, 2024 and liquidate on October 18, 2024. This decision was made by the ALPS ETF Trust's Board of Trustees due to the fund's inability to attract significant market interest since its inception.

The last trading day for the fund is scheduled for October 17, 2024. Shareholders may be able to sell their shares until this date, but there's no guarantee of a market for the fund's shares. On the liquidation date, remaining shareholders will receive a cash distribution equal to the net asset value of their shares, without incurring transaction fees.

SS&C Technologies Holdings (Nasdaq: SSNC) has secured a long-term agreement with BT, a leading Australian wealth management business, for unit registry services. SS&C's Managed Fund Administration team will provide services to 88 BT-managed funds, including investor servicing and unit registry websites for digital account access and transactions.

Key points:

• BT previously managed these services in-house
• SS&C aims to improve digital access to investor information and automate processes
• SS&C GIDS is the world's largest transfer agent and unit registry
• The division services over 1,000 clients globally, processing more than 200 million transactions annually

This partnership demonstrates SS&C's expertise in helping asset managers digitalize and transform their operations, offering a scalable, technology-enabled registry solution to support BT's managed fund clients.

SS&C Technologies Holdings (Nasdaq: SSNC) is set to host its 2024 Analyst Day on September 18, 2024, at the Nasdaq MarketSite in New York. This invite-only event will provide insights into SS&C's strategic outlook, featuring presentations from key executives including Bill Stone (Chairman and CEO), Rahul Kanwar (President and COO), and Brian Schell (CFO).

The event will showcase business unit and technology updates, a financial overview, and live demonstrations of SS&C's latest technologies. It will run from 2:30 PM to 5:30 PM ET, followed by a cocktail reception. A live webcast will be available for those unable to attend in person. Interested parties should contact Justine Stone, Head of Investor Relations, for registration details.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) has announced an increase in its quarterly dividend from $0.24 to $0.25 per share. The dividend will be payable on September 16, 2024, to stockholders of record as of September 3, 2024. This decision reflects the company's strong financial performance, with net cash from operating activities reaching $385 million in the second quarter, a 16.8% increase year-over-year. CEO Bill Stone emphasized the company's commitment to creating long-term shareholder value through prudent cash flow management and strategic capital allocation.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) has released the 'SS&C Intralinks How Deal Terms Impact Due Diligence' report, analyzing over 900 global M&A transactions from 2013 to 2023. Key findings reveal that private target due diligence periods are nearly twice as long as public acquisitions, averaging 234 days compared to 125 days. Private deals also require almost double the documentation and collaboration.

The study highlights that medium-length due diligence periods of around 139 days tend to produce the best outcomes, with higher completion rates and better total shareholder returns of up to 4%. The research also notes an increase in the average pre-announcement due diligence period from 124 days in 2014 to 203 days in the last decade.

SS&C Blue Prism has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Robotic Process Automation (RPA) for the sixth consecutive year. This achievement highlights SS&C's commitment to providing a comprehensive and effective intelligent automation platform for its customers.

Key points:

• Over 2,800 companies worldwide use SS&C Blue Prism for intelligent automation
• SS&C's platform serves various industries, including financial services, insurance, health and pharma, and banking
• SS&C Technologies (Nasdaq: SSNC) is a global provider of services and software for financial services and healthcare industries
• Founded in 1986, SS&C has approximately 20,000 client organizations ranging from large companies to small and mid-market firms

This recognition reinforces SS&C's position as a leader in the RPA market and its dedication to helping organizations transform their operations and drive growth through intelligent automation solutions.

The Alerian MLP ETF (NYSE Arca: AMLP) has declared its third quarter 2024 distribution of $0.94. The dividend is payable on August 13, 2024 to shareholders of record on August 8, 2024. Key dates include:

• Ex-Date: August 8, 2024
• Record Date: August 8, 2024
• Payable Date: August 13, 2024

The ETF focuses on Master Partnerships (MLPs) in the energy infrastructure sector. Investors should be aware of the risks associated with MLPs, including potential tax implications and market volatility. The fund is taxed as a regular , which may impact its net asset value and returns.

The Alerian Energy Infrastructure ETF (NYSE Arca: ENFR) has declared its third quarter 2024 distribution of $0.34205 on August 7, 2024. The dividend is payable on August 13, 2024 to shareholders of record on August 8, 2024. Key dates include:

• Ex-Date: August 8, 2024
• Record Date: August 8, 2024
• Payable Date: August 13, 2024

The ETF focuses on energy infrastructure and may involve risks related to Master Partnerships (MLPs), Canadian securities, and sector concentration. Investors are advised to carefully consider the fund's objectives, risks, charges, and expenses before investing.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) has announced that David M. Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group, will headline the SS&C Deliver 2024 Conference. The event, scheduled for October 6-8, 2024 in New Orleans, is expected to attract over 1,000 professionals from the financial and healthcare sectors. The conference will feature more than 70 breakout sessions, an industry showcase, hands-on learning labs, and evening events. Topics will cover hedge funds, private markets, asset management, insurance investment operations, intelligent automation, retirement, wealth, and healthcare operations. SS&C will also showcase its latest innovations in intelligent automation, asset and wealth management, and alternatives operations.