Ss&C Technologies Stock Price, News & Analysis

The ALPS REIT Dividend Dogs ETF (NYSE: RDOG) announced a fourth quarter distribution of $0.23008 on December 21, 2021, set to be paid on December 29, 2021, to shareholders on record by December 23, 2021.

Key dates include:

• Ex-Date: December 22, 2021
• Record Date: December 23, 2021
• Payable Date: December 29, 2021

For more detailed information, visit ALPS Funds.

SS&C Technologies (SSNC) announced the launch of Lincoln Financial Group's PathBuilder Income solution on its Retirement Income Clearing Calculator (RICC) platform. This integration allows for guaranteed monthly income for life, alongside market protection and participation in market gains. The RICC platform simplifies distribution and servicing of this product across various recordkeeping platforms. SS&C's technology enhances efficiency by facilitating rollovers to companion IRAs if chosen. The initiative addresses rising consumer demand for lifetime retirement income solutions.

SS&C Technologies (Nasdaq: SSNC) announced a strategic investment in a new company formed from the merger of Equiniti and American Stock Transfer & Trust Company (AST), recently acquired by Siris Capital Group. This new entity aims to become a leading provider of shareholder and regulatory technology. SS&C holds a minority stake and sees collaboration opportunities to enhance the investor experience. Nick Wright from SS&C has joined the board, reflecting the firm's commitment to innovation in financial services.

SS&C Technologies Holdings (Nasdaq: SSNC) reported that its GlobeOp Forward Redemption Indicator for December 2021 rose to 2.54%, an increase from 2.28% in November. This figure marks a significant drop from 3.95% a year prior and represents the lowest December redemptions since the Indicator's inception in 2008. Furthermore, 2021 saw the lowest annual redemption levels in the history of the Indicator. The report indicates strong investor confidence in hedge fund managers' capabilities amidst challenges posed by COVID-19 variants and inflation.

SS&C Technologies (Nasdaq: SSNC) announced that PKO Bank Polski has implemented its Fundamental Review of the Trading Book - Standardized Approach (FRTB-SA) solution to comply with upcoming Basel Committee regulations effective January 2023. With EUR 80 billion in assets, Poland's largest bank aims to enhance its risk management framework. The solution is set to streamline regulatory and internal risk calculations, improving efficiency and performance. SS&C's software offers rapid computation and flexibility, further solidifying its long-term partnership with PKO Bank Polski.

SS&C Technologies Holdings has announced a definitive agreement to acquire Hubwise Holdings Limited in an all-cash transaction, enhancing its presence in the U.K. B2B investment platform sector. Approved by Hubwise shareholders, the acquisition involves 58 employees and 51 customers and is expected to close in 2022, pending regulatory approvals. This strategic move aims to leverage SS&C's scale and digital services to strengthen its solutions for asset managers and wealth managers, addressing competitive pressures and boosting efficiency.

SS&C Technologies (Nasdaq: SSNC) has announced a recommended cash offer of 1,275 pence per share for Blue Prism Group plc, valuing the acquisition at approximately $1.7 billion (£1.2 billion). Blue Prism, a leader in robotics process automation, serves over 2,000 clients globally. The acquisition aims to enhance SS&C's efficiencies and drive significant growth opportunities by leveraging its Chorus intelligent automation platform alongside Blue Prism's RPA solutions. The deal awaits necessary regulatory approvals and majority shareholder consent from Blue Prism.