Ss&C Technologies Stock Price, News & Analysis

SS&C Technologies Holdings (SSNC) announced that Robinhood Markets (HOOD) has joined RolloverCentral® as an IRA provider. The platform connects IRA providers' account opening systems with third-party administrators' processing platforms to streamline rollover processes.

RolloverCentral automates the rollover process, enabling participants to open and fund IRAs in real-time without paper check delays. The platform has seen significant growth, with a 20% increase in total rollover dollar amount and a 7% increase in rolled-over accounts in Q2 2024.

The partnership aims to simplify retirement savings management for Robinhood customers while reducing processing inefficiencies. The integration modernizes the traditional check-based process, facilitating easier account opening and funding for rollover IRAs.

SS&C Technologies (Nasdaq: SSNC) has reported that the SS&C GlobeOp Forward Redemption Indicator for January 2025 was 2.01%, showing a decrease from December's 3.54%. While this figure is slightly above the five-year average of 1.85%, it represents improving market conditions for hedge funds.

The company's Hedge Fund Performance Index showed a flash estimate of -0.10% for the current month, with year-to-date and last 12-month performance both at 8.78%. The Capital Movement Index reached a 12-month high of 125.37 in December 2024, while the Forward Redemption Indicator hit its 12-month high at 3.54% in the same month.

According to Bill Stone, Chairman and CEO, conditions are favorable for attractive risk-adjusted returns and strong hedge fund inflows in 2025, despite increased volatility and persistent inflation in late 2024.

SS&C Technologies (SSNC) has released its 2025 Global M&A Dealmakers Sentiment Report, based on a survey of 419 global M&A professionals. The report reveals strong market optimism, with 87% of respondents expecting M&A and financing activity growth in 2025.

Key findings indicate that deals are expected to be larger, with nearly half of PE respondents anticipating work on transformative deals worth $10B+. The financial services, technology, media, and telecom sectors are generating the most interest. The report highlights increased focus on AI implementation, with over half of respondents expecting significant AI tool usage growth. However, data privacy and cybersecurity remain top concerns, with 80% of dealmakers worried about evolving cyberattacks.

The survey indicates geographical expansion and digital transformation as primary drivers of dealmaking activity, while opportunities in restructuring distressed businesses are expected to decrease.

SS&C Technologies Holdings (SSNC) has released its Q1 2025 M&A Deal Flow Predictor, forecasting global M&A deal flow growth of 2-12% above Q4 2024 levels. The report indicates resilient market conditions across regions, with North America expected to show 2-5% deal volume growth.

Key regional insights include: Asia Pacific markets showing moderate growth, particularly in Hong Kong, India, and Japan; Europe, Middle East, and Africa displaying solid growth, with strong activity in France, Germany, and Spain; and Latin America maintaining positive momentum, especially in Mexico and Colombia.

The prediction is based on early-stage M&A activity tracked through the Intralinks platform, typically six months ahead of public announcements. SS&C Intralinks, which has facilitated over USD 35 trillion in financial transactions, notes that market optimism is driven by equity market recovery, interest rate normalization, and sustained private equity activity.

SS&C GlobeOp's Hedge Fund Performance Index reported a -0.10% gross return for December 2024, while the Capital Movement Index showed a 1.48% decline in January 2025. The year-to-date and last 12-month performance both stood at 8.78%, with life-to-date returns at 280.46%.

According to Bill Stone, SS&C Technologies' Chairman and CEO, the January decline reflects typical annual asset allocation and portfolio rebalancing patterns. He noted that market conditions remain favorable for hedge funds, citing potential increased market volatility, dealmaking activity, and a stabilized high-rate environment coupled with global economic uncertainties.

The Capital Movement Index currently stands at 123.89 points, showing a decrease of 1.48 points from December 2024 and a 0.72-point decline over the past 12 months. The next data publication is scheduled for February 13, 2025.

SS&C Technologies Holdings (Nasdaq: SSNC) has scheduled its fourth quarter and full year 2024 earnings release for February 6, 2025, after market close. The company will host an earnings conference call on the same day at 5:00 p.m. Eastern Time to discuss the results and provide guidance for 2025.

Interested parties can access the earnings call by dialing 888-210-4650 (US/Canada) or 646-960-0327 (International) using conference ID #4673675. A live webcast will be available in the Investor Relations section of SS&C's website, with a replay option after the call concludes.

Principal Real Estate Income Fund (PGZ) has declared monthly distributions of $0.105 per common share, with an annualized distribution rate of 11.03% based on the Fund's current net asset value share price of $11.42 as of December 27, 2024. The distributions will be payable on February 28, March 31, and April 30, 2025.

The Fund is designed as a long-term investment vehicle focusing on commercial real estate assets. It faces various risks including potential variations in net asset value, distribution rates, and exposure to below-investment grade investments. The Fund's distributions may come from multiple sources including net investment income, capital gains, and return of capital. As a closed-end fund, shares trade in the secondary market and frequently trade at a discount from their net asset value.

SS&C Technologies (Nasdaq: SSNC) has announced significant updates to its alternative investment management SaaS platforms for 2H2024. The release includes enhancements to Geneva, OEMS, and Eclipse platforms. Key improvements include new credit and derivatives functionality, a Loan Servicing Workspace, and an Investor Fee Builder in Geneva.

Eclipse updates feature expanded fixed income trading capabilities, enhanced asset class coverage, and improved trading workflows. The OEMS platform received upgrades in multi-asset and fixed-income support, automated trading, and modeling capabilities. Notable additions include enhanced trade matching, improved FX swaps support, and automated trading rules for fixed income orders.

SS&C Technologies Holdings (Nasdaq: SSNC) has announced the extension of its transfer agency relationship with Omnis Investments , one of the UK's largest asset managers with over GBP10 billion in assets under management. Omnis provides mutual funds across various asset classes and regions, primarily serving clients of The Openwork Partnership, a network of 4,200 financial advisers, and 2plan wealth management.

The partnership aims to enhance client experience and digital service offerings. Simon Harris, COO at Omnis, emphasized their commitment to maintaining high service standards, while Spencer Baum, Managing Director at SS&C GIDS, highlighted their focus on delivering exceptional omnichannel servicing and support.