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) is a global provider of services and software for the financial services and healthcare industries. Founded in 1986 and headquartered in Windsor, Connecticut, the company is frequently in the news for developments across fund administration, wealth management technology, corporate actions and capital markets activity.
This SSNC news page highlights press releases and third-party coverage related to SS&C’s business. Readers can follow announcements about earnings release schedules, quarterly and full-year results, and dividend declarations on the company’s common stock. SS&C regularly files Form 8-K reports to furnish earnings information and to disclose material events such as acquisitions and financing arrangements.
News items also cover SS&C’s role in fund administration and indices through SS&C GlobeOp, including monthly publications of the SS&C GlobeOp Forward Redemption Indicator and related hedge fund indices. These updates provide insight into redemption activity, capital movements and performance trends for hedge funds administered on the SS&C GlobeOp platform.
In addition, SS&C issues news on strategic initiatives such as the expansion of its European wealth management capabilities via MiFID authorization in Ireland, technology enhancements like integrations within SS&C Black Diamond Wealth Solutions, and client wins where fund managers select SS&C for administration and operational support. Subsidiary activity, including SS&C ALPS Advisors’ involvement with closed-end funds and exchange-traded funds, also appears in related releases.
Investors, analysts and industry participants can use this page to monitor ongoing corporate developments, product and platform updates, index publications and other events that may influence their view of SS&C’s operations and strategic direction.
SS&C Technologies Holdings (Nasdaq: SSNC) will announce its Q2 2022 financial results on July 27, 2022, after market close. An earnings conference call is scheduled for the same day at 5:00 p.m. Eastern Time, where details of the financial performance will be discussed. Investors can access the press release on the company's website or via email alerts. SS&C provides software and services for the financial services and healthcare sectors, serving approximately 20,000 organizations globally.
SS&C Technologies (Nasdaq: SSNC) launched its new Asset Allocator Platform, integrating software and services for institutional investors. This platform serves pension funds, endowments, and foundations, enabling them to manage multiple investments effectively. Notably, the University of Wyoming Foundation migrated over 100 private funds onto this system. The platform enhances data aggregation, reporting, and portfolio management, aiming to streamline client operations. The launch reflects SS&C's commitment to providing cutting-edge solutions in the financial services sector.
SS&C Technologies Holdings (Nasdaq: SSNC) announced major enhancements to its SS&C Eze investment management platforms on June 23, 2022. The updates focus on fixed income liquidity, digital asset trading, and multi-asset workflows. New features include expanded liquidity options, improved repo workflows, a digital asset trading network supporting 26 token pairs, and enhanced automated trading capabilities. These developments position SS&C Eze as a leader in cutting-edge investment technology solutions, addressing key challenges faced by asset managers.
SS&C Technologies (Nasdaq: SSNC) has announced a strategic partnership with Xcentuate, enhancing its presence in the EMEA and APAC regions. This collaboration follows SS&C's acquisition of Blue Prism, a leader in Robotic Process Automation. Xcentuate will act as a consulting partner, providing implementation and support for complex projects. This partnership aims to leverage Xcentuate's expertise to access new customers, develop targeted solutions, and enhance professional services within the burgeoning operational automation market.
SS&C GlobeOp Forward Redemption Indicator for June 2022 shows an increase to 2.42%, up from 1.97% in May. This signifies lower termination notices compared to 2.68% a year ago, indicating strong hedge fund asset retention amid favorable year-to-date returns. The Forward Redemption Indicator reflects investor confidence, measuring redemptions from hedge fund investors. The next report will be published on July 22, 2022.
SS&C Technologies Holdings (Nasdaq: SSNC) announced the addition of four O'Shares ETFs to its offerings via its subsidiary, SS&C ALPS Advisors. The ETFs include:
- ALPS | O'Shares U.S. Quality Dividend ETF (OUSA)
- ALPS | O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM)
- ALPS | O'Shares Global Internet Giants ETF (OGIG)
- ALPS | O'Shares Europe Quality Dividend ETF (OEUR)
These funds aim to deliver strong growth with reduced risk, focusing on quality stocks and thematic strategies, thereby expanding SS&C's investment products for various investor objectives.
O’Shares ETFs has completed a strategic transaction with SS&C Technologies to reorganize its ETFs into those managed by SS&C ALPS Advisors, which oversees over $19 billion in assets under management (AUM). The transitioning ETFs will retain their original target indices and ticker symbols: OUSA, OUSM, OEUR, and OGIG. This partnership aims to enhance distribution and growth in the ETF market, as expressed by O’Shares executives, Kevin O’Leary and Connor O’Brien, who anticipate increased reach for their investment strategies.
SS&C Technologies (Nasdaq: SSNC) announced that Secfi, a leader in employee equity planning and financing, has selected SS&C for fund administration and accounting services. This partnership aims to enhance support for private company shareholders seeking liquidity for employee stock options. SS&C's technology will streamline pre-IPO equity financing, facilitating growth in the private credit lending sector. Secfi's COO praised SS&C for its flexibility and expertise, anticipating future market expansion.
SS&C Technologies Holdings (Nasdaq: SSNC) has announced an extension of its long-standing Transfer Agency services relationship with Federated Hermes, a leader in responsible investing. This partnership, lasting nearly 50 years, ensures SS&C will continue to provide domestic transfer agency services for Federated's $631 billion AUM. The collaboration leverages SS&C's advanced Lyric technology platform, enhancing services like recordkeeping and transaction processing. This extension underscores the trust and mutual commitment between both firms to deliver high-quality service to clients.
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