Ss&C Technologies Stock Price, News & Analysis

SS&C Technologies (Nasdaq: SSNC) released findings from its Blue Prism research, revealing that 67% of businesses have increased productivity in the last 12-18 months. However, 50% of enterprise organizations face challenges in maintaining these productivity levels, primarily due to rising operational costs and talent shortages. The study, which surveyed over 1,000 decision-makers across Europe and North America, indicated that 69% of enterprises plan to implement intelligent automation (IA) to enhance productivity. The insights were shared ahead of the upcoming Blue Prism World 2022 event.

RiverNorth Opportunities Fund has declared a preferred dividend for Q2 2022. Key details include an ex-dividend date of May 2, 2022, a record date of May 3, 2022, and a payable date of May 16, 2022. The dividend is for the 6.00% Series A Perpetual Preferred Stock (RIVPRA), amounting to $0.1042 per share, representing a partial distribution from the original issue date of April 20, 2022. The Fund emphasizes the potential risks associated with its investment objectives and distribution variability.

SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) reported a Forward Redemption Indicator for April 2022 at 1.48%, down from 1.92% in March. This marks the lowest redemption rate for April since the indicator's inception in 2008. The decrease in redemption notices, compared to 2.07% a year ago, indicates increasing investor confidence in hedge fund managers amidst market volatility. The next report is scheduled for May 20, 2022.

SS&C Technologies will report its first quarter 2022 financial results on April 28, 2022, after market close. An earnings conference call is scheduled for the same day at 5:00 p.m. Eastern Time. Details for the call are provided, including dial-in numbers for participants and an audio replay available from 8:00 p.m. on April 28 until midnight May 5. Founded in 1986 and headquartered in Windsor, Connecticut, SS&C serves 18,000 organizations in the financial and healthcare sectors, emphasizing its scale and technological solutions.

SS&C Technologies (Nasdaq: SSNC) has renewed its long-term transfer agency relationship with Rathbone Funds, a U.K. asset manager managing nearly £13 billion. Rathbone Funds has been partnered with SS&C for 15 years, emphasizing the importance of technology in enhancing customer experience. The extension includes leveraging SS&C's Adviser OnLine for better portfolio access and commission reporting. SS&C manages over £11 billion in assets for Rathbone, showcasing consistent growth even during the pandemic.

SS&C Technologies (Nasdaq: SSNC) released its Q2 2022 SS&C Intralinks Deal Flow Predictor, forecasting a decline in M&A activity compared to Q1 2022 across most regions, except for Europe, the Middle East, and Africa, where growth is expected. North America anticipates a slight decrease of 5% from Q1 but a 5-10% increase year-over-year. Asia Pacific and Latin America are expected to underperform, with minimal changes. Despite geopolitical tensions affecting Eastern Europe, global deal flow remains steady. SS&C Intralinks has facilitated USD 35 trillion in financial transactions.

Principal Real Estate Income Fund, traded as PGZ, announces a 5.00% increase in monthly distributions to $0.105 per share starting May, reflecting an annualized distribution rate of 7.37% based on the current net asset value of $17.09 as of March 29, 2022. Key distribution dates include Ex Date on May 12, Record Date on May 13, and Payable Date on May 31. The Fund highlights that investments carry risks, including potential loss of capital, and should be considered for long-term objectives only.