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, a global software provider for financial services and healthcare, announced that President and COO Rahul Kanwar will present at the RBC Capital Markets Financial Technology Conference on June 14, 2022, at 4:05 pm ET in New York. The presentation will be available via webcast on the company's investor relations website. Established in 1986 and headquartered in Windsor, Connecticut, SS&C serves around 20,000 organizations, including major financial firms and healthcare providers.
SS&C Technologies Holdings has partnered with Windward Management LP, a Miami-based hedge fund, to launch its operations using SS&C's front-to-back office solution. This collaboration includes fund administration, order management, investor relations, and compliance services. Windward Management, led by Marc Chalfin, employs a long/short fundamental value investing strategy focusing on the Consumer and Industrial sectors. SS&C aims to leverage its operational technology and expertise to support the growth of Windward Management and similar entities in the financial sector.
SS&C Technologies has announced that Cowen Digital, part of Cowen Inc., is leveraging SS&C Eze's institutional OEMS platform for digital asset trading solutions. This partnership responds to increasing institutional demand for access to digital assets, aiming to enhance liquidity and market data. Clients can now trade 16 leading tokens through Cowen's platform, benefiting from seamless broker-agnostic access to liquidity and market insights. SS&C's offerings enable comprehensive integration of crypto assets into traditional investment operations, promoting efficiency and global reach.
SS&C Technologies Holdings (Nasdaq: SSNC) has launched the ALPS Intermediate Municipal Bond ETF (MNBD), managed by its subsidiary SS&C ALPS Advisors in partnership with Brown Brothers Harriman & Co. The ETF adopts a bottom-up investment strategy aimed at providing tax-free income and potential capital appreciation through a diversified portfolio of investment-grade municipal bonds. With 100% bottom-up investments, the fund seeks to capitalize on inefficiencies in the municipal bond market, supported by BBH's extensive experience in managing municipal securities.
SS&C GlobeOp Forward Redemption Indicator for May 2022 reached 1.97%, an increase from 1.48% in April, indicating a favorable trend in hedge fund asset retention. This reduction in termination notices is notable, considering a decrease from 2.46% a year ago. The SS&C GlobeOp indicator is vital for assessing investor confidence in hedge funds, calculated from actual redemption notifications. The next update will be published on June 21, 2022.
SS&C Technologies Holdings (Nasdaq: SSNC) will present at JP Morgan's 50th Annual Global Technology, Media and Communications Conference on May 23, 2022, at 9:20 am ET.
The presentation will take place at the Westin Boston Seaport District Hotel in Boston, MA, led by Bill Stone, Chairman and CEO. A webcast of the presentation will be available on SS&C's investor relations website.
SS&C Technologies Holdings has announced that the Black Diamond Wealth Platform has achieved a significant milestone, with assets under management reaching USD $2 trillion, marking a 35% increase since 2021. The platform, utilized by almost 1,900 firms, offers advanced portfolio accounting, performance reporting, and mobile access for clients. CEOs from partner firms commend SS&C for their innovative solutions that drive growth and improve client interactions. SS&C remains committed to enhancing the Black Diamond platform to support its clients' success.
SS&C Technologies has announced its acquisition of 5 M's Minerals Management, LLC, known as MineralWare, for $18 million in cash. This acquisition expands SS&C's offerings into the Energy market and adds $5.5 million in annual recurring revenue, enhancing its asset accounting capabilities. MineralWare, which supports financial institutions and high-net-worth individuals, operates in the Texas market and brings 350 new clients to SS&C, alongside a portfolio of 750,000 mineral assets. The integration aims to streamline operations and offer superior analytics and reporting.
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced that Patrick Pedonti, Senior VP and CFO, will present at the 17th Annual Needham Technology & Media Conference on Wednesday, May 18, 2022, at 9:30 am ET. The event will be accessible via webcasts on SS&C's investor relations website. Founded in 1986 and based in Windsor, Connecticut, SS&C provides software and services to over 20,000 organizations in the financial and healthcare sectors, highlighting its reputation for expertise and technology.
FAQ
What is the current stock price of Ss&C Technologies (SSNC)?
What is the market cap of Ss&C Technologies (SSNC)?
