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.
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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.
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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.
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