SS&C Technologies Holdings, Inc. reports developments across investment, financial and healthcare software, technology-enabled services and enterprise automation. Recurring updates include quarterly earnings, cash flow and leverage commentary, product launches such as SS&C Blue Prism WorkHQ, and AI governance initiatives for regulated enterprises.
Company news also covers SS&C GlobeOp fund administration data, including hedge fund redemption and capital movement indicators, as well as client deployments involving managed IT services, fund administration, middle- and back-office operations, investor services and regulatory reporting.
SS&C Technologies Holdings (Nasdaq: SSNC) announced its participation in two major investor conferences. Bill Stone, CFO, will present at the UBS Global Technology and AI Conference in Scottsdale, Arizona on December 5th, 2024 at 12:15 PM MT. Additionally, Brian Schell, CFO, will present at The Nasdaq 51st Investor Conference in London on December 10th at 3:00 PM GMT. Both presentations will be accessible via webcast on SS&C's investor relations website.
SS&C Technologies Holdings (Nasdaq: SSNC) has issued a correction regarding upcoming investor conference presentations. Bill Stone, Chairman and Chief Executive Officer (previously incorrectly listed as CFO), will present at the UBS Global Technology and AI Conference in Scottsdale, Arizona on December 5th, 2024 at 12:15 PM MT. Additionally, Brian Schell, Chief Financial Officer, will present at The Nasdaq 51st Investor Conference in London on December 10th at 3:00 PM GMT. Both presentations will be available via webcast on SS&C's investor relations website.
SS&C Blue Prism has been recognized as a Leader in the Everest Group Process Orchestration Products PEAK Matrix® Assessment 2024 for the second consecutive year. The recognition highlights the company's product capabilities, unified platform approach, investments in product innovation and generative AI, and strong partnership ecosystem. The assessment evaluated 24 technology providers across multiple dimensions, including hybrid workforce management capabilities, vision and strategy, implementation and support, and client base diversity.
SS&C Technologies Holdings (Nasdaq: SSNC) announced that TIFF Investment Management has expanded its partnership to include Form PF reporting services for over 40 private funds. This expansion addresses new SEC reporting requirements, making compliance more complex. TIFF, which already uses SS&C for tax services and manager research management, will benefit from SS&C's comprehensive Form PF solution that includes data mapping, aggregation, validated regulatory book of records, report production, and direct SEC filing capabilities.
SS&C GlobeOp's Forward Redemption Indicator for November 2024 reached 2.91%, up from 2.23% in October but lower than the 3.49% recorded last year and the five-year November average of 3.52%. The indicator represents redemption notices from hedge fund investors on SS&C GlobeOp's platform divided by assets under administration. The SS&C GlobeOp Hedge Fund Performance Index shows a flash estimate of 0.25% for the current month, with year-to-date returns at 6.80% and last 12-month performance at 11.15%.
SS&C Technologies (Nasdaq: SSNC) has declared a quarterly dividend of $0.25 per share. The dividend will be paid on December 16, 2024, to stockholders of record as of December 2, 2024. SS&C is a global provider of services and software for the financial services and healthcare industries, serving approximately 20,000 organizations worldwide, from large enterprises to mid-market firms.
SS&C Technologies released findings from a survey of 213 financial services industry leaders, revealing growing AI adoption trends. The survey shows that 69% of firms expect AI benefits within a year, with 39% already seeing measurable results. While 82% of firms use AI at some level, only 13% report organization-wide adoption.
Key findings indicate that 65% of firms have C-suite executives leading AI initiatives, and 84% have developed or are developing AI policies. Top use cases include data analysis (52%), routine task automation (34%), and content development (29%). Major challenges include data privacy (70%), regulatory compliance (52%), and talent shortage (39%).
SS&C Technologies (Nasdaq: SSNC) announced that Rahul Kanwar, President and Chief Operating Officer, will present at the RBC Capital Markets Global Technology, Internet, Media, and Telecommunications Conference. The presentation is scheduled for Wednesday, November 20th, 2024, at 11:20 AM ET at the InterContinental New York Barclay in New York. The event will be accessible via webcast on SS&C's investor relations website.
The Alerian Energy Infrastructure ETF (NYSE Arca: ENFR) has announced its fourth quarter 2024 distribution of $0.34603. The dividend will be payable on November 18, 2024, to shareholders of record on November 13, 2024. Key dates include:
- Ex-Date: November 13, 2024
- Record Date: November 13, 2024
- Payable Date: November 18, 2024
The ETF focuses on Master Partnerships (MLPs) and energy infrastructure investments, employing a passive management approach to track its underlying index.
The Alerian MLP ETF (NYSE Arca: AMLP) has announced its fourth quarter 2024 distribution of $0.95. The dividend will be paid on November 18, 2024 to shareholders of record as of November 13, 2024. The distribution schedule includes an ex-date and record date of November 13, 2024, with payment scheduled for November 18, 2024. The ETF focuses on Master Partnerships (MLPs) investments and is structured as a C- for tax purposes, subject to federal income tax at corporate rates.