Ss&C Technologies Stock Price, News & Analysis

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) will announce its third quarter financial results on October 27, 2022, after market close. The earnings conference call is set for 5:00 p.m. Eastern Time the same day. Investors can access the earnings report via PR Newswire or SS&C's website. An audio replay will be available following the call and can be accessed until November 3, 2022. Established in 1986 and headquartered in Windsor, Connecticut, SS&C serves over 20,000 financial and healthcare organizations globally.

SS&C Technologies Holdings (Nasdaq: SSNC) has partnered with Sanlam Life Insurance Limited, a leading financial services group in Africa, to provide integrated investment management solutions. The collaboration aims to streamline operations for Glacier Financial Solutions, a subsidiary of Sanlam, which manages over R400 billion in assets. This partnership focuses on enhancing client outcomes through advanced investment administration capabilities, aligning with Sanlam's growth goals and digital transformation strategy.

On Oct. 5, 2022, SS&C Technologies (Nasdaq: SSNC) released its Q4 2022 M&A predictions via the Intralinks Deal Flow Predictor. The report indicates stability in M&A activity, maintaining last year's levels while exceeding Q3 2022 by double digits. North America is forecast to see a significant rebound, with growth in Canada and the U.S. Asia Pacific is expected to show a 5-10% increase, while Latin America anticipates over 10% growth. The report underscores a resilient merger landscape despite global challenges, projecting a strong finish for the year.

At the SS&C Deliver Conference, over 800 leaders from financial services and healthcare gathered to explore new SS&C solutions. Key announcements include enhancements to the fund administration platform, SS&C Managed Services, and new tax and treasury management capabilities. The company has invested over $15 billion in R&D over the last decade. Upcoming solutions for Q1 2023 include SS&C Tax BrightLine, a comprehensive tax solution, and SS&C Everywhere, a marketplace for data services. The event featured expert sessions and was headlined by investor Kevin O'Leary.

The Principal Real Estate Income Fund (PGZ) announced monthly distributions of $0.105 per common share, reflecting an annualized distribution rate of 9.64% based on a net asset value of $13.07 as of September 30, 2022. Key distribution dates are set for November, December 2022, and January 2023. The Fund emphasizes that investing involves risks, including potential loss of the investment and market fluctuations affecting net asset value. Shareholders will receive tax characterization information in early 2023.

SS&C Technologies Holdings announced the launch of its intelligent automation portfolio under the SS&C Blue Prism brand at the SS&C Deliver Conference on Oct. 3, 2022. The suite integrates robotic process automation (RPA), business process management (BPM), AI, and no-code offerings to enhance operational efficiency. Key features include Blue Prism® Intelligent Automation Platform, UX Builder, and upcoming enhancements like Capture and Email AI. Over 2,800 customers worldwide utilize SS&C Blue Prism for digitizing operations across various sectors.

SS&C Technologies (Nasdaq: SSNC) announced a partnership with Coinbase to enhance its Eze Investment Suite by integrating Coinbase Prime, an institutional platform for digital assets. This collaboration allows institutional traders to manage crypto trading processes seamlessly, including pre-trade compliance and custody. The partnership aims to provide access to a diverse liquidity pool of digital assets and offers a comprehensive view of crypto investments alongside traditional securities, aligning with the growing institutional interest in digital assets.

SS&C GlobeOp Forward Redemption Indicator for September 2022 is reported at 2.67%, an increase from 2.35% in August. This figure is deemed favorable compared to historical norms, although it exceeds the 2.45% recorded in September 2021. Bill Stone, CEO, noted that redemption notices have remained near all-time low levels, indicating sustained investor commitment despite financial market challenges. The Indicator, crucial for gauging investor sentiment in hedge funds, reflects actual notifications received and will be updated next on October 21, 2022.

SS&C Technologies (Nasdaq: SSNC) announced a collaboration with Trumid, a financial technology company, to enhance access to corporate bond liquidity for Eze OMS clients. This integration allows users to source liquidity from over 650 institutions while benefiting from flexible trading protocols and integrated market data. With this collaboration, SS&C expands its fixed income trading platforms to six, with additional integrations planned. Both companies aim to improve trading experiences and connectivity in the financial services sector.