Welcome to our dedicated page for Ss&C Technologies news (Ticker: SSNC), a resource for investors and traders seeking the latest updates and insights on Ss&C Technologies stock.
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 (Nasdaq: SSNC) announced that President and COO Rahul Kanwar will present at the 25th Annual Needham Growth Conference on January 10, 2023, at 11:45 am ET, held in New York City. The event will also provide webcasts and presentation materials accessible via SS&C's investor relations website. Established in 1986, SS&C supports around 20,000 financial services and healthcare organizations globally, highlighting its significant role in these industries.
On January 3, 2023, Principal Real Estate Income Fund (PGZ) declared monthly distributions of $0.105 per common share, corresponding to an annualized rate of 10.01% based on its $12.59 net asset value as of December 29, 2022. Notable distribution dates include: Ex dates on February 9, March 16, and April 13, 2023; Record dates on February 10, March 17, and April 14, 2023; and Payable dates on February 28, March 31, and April 28, 2023. The press release cautions investors about risks associated with investment in the Fund and clarifies that past performance does not guarantee future results.
SS&C GlobeOp Forward Redemption Indicator for December 2022 is reported at 4.35%, up from 3.39% in November. This rise is attributed to investors adjusting allocations ahead of the year-end. Bill Stone, CEO, stated that the increase reflects investor confidence and that hedge funds have remained a strong investment option amid historic market drawdowns. The indicator reflects redemptions from hedge funds administered on the SS&C GlobeOp platform, measuring investor sentiment towards hedge fund allocations. The next report is scheduled for January 23, 2023.
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SS&C Technologies Holdings (Nasdaq: SSNC) has partnered with Mine Super, managing AUD 12 billion for 55,000 members, to deliver superannuation administration services in Australia. This agreement marks the launch of SS&C's superannuation administration business in the APAC region. The collaboration aims to enhance member experiences through advanced technology and administration offerings. Mine Super's leadership believes the partnership will provide better value and service for their members, leveraging SS&C's expertise in business process outsourcing.
SS&C Technologies Holdings (Nasdaq: SSNC) announced the extension of its transfer agency relationship with London-based Fundsmith LLP. This partnership, which began in 2010, has seen Fundsmith grow into one of the U.K.'s leading fund managers with GBP22.2 billion in assets. Mark Laurence, COO of Fundsmith, expressed satisfaction with SS&C's services, emphasizing the technology that supports their investor experience. The relationship underscores SS&C's commitment to service excellence, as stated by Damien Barry, its Head of EMEA.
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SS&C Technologies Holdings, a leading global provider of software and services for financial services and healthcare, announced that Bill Stone, Chairman and CEO, will present at the D.A. Davidson Fintech & Payments Spotlight Conference. The event is scheduled for December 8, 2022, at 1:15 PM ET at the Thompson Central Park Hotel in New York City. The conference aims to showcase innovations in fintech and payments, and a webcast of the presentation will be available on SS&C's investor relations website.
SS&C Technologies (Nasdaq: SSNC) has acquired Complete Financial Ops, Inc. (CFO) Fund Services, a Colorado-based fund administration firm. The acquisition, which was an all-cash deal with undisclosed terms, adds 25 clients and eight employees to SS&C's roster. With over $2 trillion in alternative assets under management, this move enhances SS&C's capabilities in servicing venture capital and family office funds. The company aims to leverage its size and technology offerings to improve service delivery and expand its footprint in the Denver area.
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