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. (Nasdaq: SSNC), a global leader in financial services and healthcare software solutions, provides this centralized hub for tracking corporate developments and strategic initiatives. Access official press releases, earnings announcements, and operational updates from the company powering fund administration, intelligent automation, and healthcare IT systems worldwide.
This resource delivers timely updates on mergers & acquisitions, product innovations, and regulatory compliance developments across SS&C's core markets. Investors and industry professionals will find essential information about SaaS platform enhancements, strategic partnerships, and financial performance metrics.
Key content categories include detailed coverage of quarterly earnings calls, technology patent filings, and global expansion initiatives. The curated news selection helps stakeholders monitor SS&C's progress in digital transformation for asset managers, insurers, and healthcare providers.
Bookmark this page for streamlined access to SS&C's latest operational milestones. Combine these updates with fundamental analysis tools available through Stock Titan to maintain a comprehensive market perspective.
SS&C Technologies (Nasdaq: SSNC) announced a long-term partnership with AMP, a major Australian wealth management company, to enhance the North investment platform. This collaboration aims to improve technology services, focusing on automation and efficiency for advisers and clients. The Bluedoor technology will provide real-time data and streamline operations, benefiting both AMP and SS&C. The partnership signifies a commitment to advancing investment management capabilities, reinforcing SS&C's position in the financial services sector.
On March 9, 2022, SS&C Technologies Holdings (Nasdaq: SSNC) launched GoCentral, a next-generation fund administration platform. This platform employs Artificial Intelligence and Business Process Re-engineering to enhance fund operations and improve exception management processes. The new solution provides seamless workflows, operational transparency, and comprehensive control, allowing clients to focus more on growth and less on operations. SS&C aims to modernize middle office operations and improve resilience for alternative asset managers.
SS&C Technologies (Nasdaq: SSNC) will present at the Raymond James Institutional Investors Conference on March 8, 2022, at 2:50 pm ET. The presentation will be led by Bill Stone, Chairman and CEO. SS&C Technologies is a global provider of software and software-enabled services for the financial services and healthcare industries, with 18,000 organizations relying on their expertise and technology. Webcasts and presentation materials will be accessible on their investor relations website.
SS&C Technologies Holdings (Nasdaq: SSNC) announced that Elevar Equity, a venture capital firm focused on emerging markets, has selected SS&C GlobeOp as its fund administrator. This partnership aims to enhance operational efficiencies across various fund structures, enabling Elevar to concentrate on strategic growth. Elevar invests in entrepreneurs addressing inclusivity and affordability, impacting low-income communities in regions including India and Latin America. SS&C will provide investor services technology and performance reporting tools to support Elevar's mission.
SS&C Technologies Holdings reported the SS&C GlobeOp Forward Redemption Indicator for February 2022 at 1.79%, an increase from 1.52% in January. This marks a significant decrease from 2.37% in February 2021, indicating the lowest redemption level for February since the indicator's inception in 2008. Despite declines in equity and fixed income markets, this demonstrates investor confidence in hedge fund managers. The next publication is scheduled for March 21, 2022.
SS&C Technologies Holdings has declared a quarterly dividend of $0.20 per share, maintaining its commitment to shareholder returns. The dividend will be paid on March 15, 2022, to stockholders recorded by March 1, 2022. This consistent dividend payout reflects SS&C's steady financial position and ongoing confidence in its business model.
SS&C Technologies Holdings (NASDAQ: SSNC) reported robust financial results for Q4 and FY 2021, with revenues reaching $1,294.2 million and $5,051.0 million, marking increases of 7.5% and 8.2%, respectively. Operating income rose by 19.2% to $320.2 million for Q4, while diluted EPS saw a remarkable 27.0% jump to $0.94.
The company generated $1,429.0 million in operating cash flow and reduced debt by $519.9 million. Looking ahead, Q1 2022 guidance suggests adjusted revenue between $1,258 million and $1,298 million, bolstering confidence in future growth.
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