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), a global leader in financial services and healthcare software solutions, provides this centralized hub for tracking corporate developments and strategic initiatives. Access official press releases, earnings announcements, and operational updates from the company powering fund administration, intelligent automation, and healthcare IT systems worldwide.
This resource delivers timely updates on mergers & acquisitions, product innovations, and regulatory compliance developments across SS&C's core markets. Investors and industry professionals will find essential information about SaaS platform enhancements, strategic partnerships, and financial performance metrics.
Key content categories include detailed coverage of quarterly earnings calls, technology patent filings, and global expansion initiatives. The curated news selection helps stakeholders monitor SS&C's progress in digital transformation for asset managers, insurers, and healthcare providers.
Bookmark this page for streamlined access to SS&C's latest operational milestones. Combine these updates with fundamental analysis tools available through Stock Titan to maintain a comprehensive market perspective.
SS&C Technologies Holdings reported that its Forward Redemption Indicator for September 2021 stands at 2.45%, a rise from 2.24% in August. This marks a significant drop from 3.43% a year prior and represents the lowest September figure since the indicator's inception in 2008. CEO Bill Stone highlighted the fifteenth consecutive month of year-over-year decreases in redemption notices, reflecting improved investor confidence. The indicator is based on actual forward redemption notices from hedge funds administered by SS&C GlobeOp, offering insights into hedge fund liquidity.
SS&C Technologies announced enhancements to its Eze Investment Suite and Eze Eclipse platforms. Key updates include improved analytics for fixed income, automated trading features, and expanded ESG data integration. The company added 121 clients to the Eze Investment Suite in 2021, with a majority opting for cloud deployment, while Eze Eclipse has over 200 clients on its native cloud platform. These enhancements aim to support funds utilizing complex cross-asset strategies.
SS&C Technologies announced the launch of the ALPS Global Travel Beneficiaries ETF (JRNY), which aims to provide diversified exposure to the growing global travel industry. The ETF tracks the S-Network Global Travel Index and invests in various sectors including airlines, hotels, and travel-related services.
This investment opportunity comes as global travel spending is anticipated to rise with the expansion of the middle class. The ETF's strategy focuses on quality and growth factors to identify attractive investments in the travel sector.
SS&C Technologies, a leader in software for financial services and healthcare, will attend several investor conferences. Notable presentations include Rahul Kanwar, President, on Sept 9 at the D.A. Davidson Software and Internet Conference at 1:50 pm ET, and Patrick Pedonti, CFO, on Sept 14 at the Jefferies Software Conference at 3:00 pm ET. Additionally, Bill Stone, CEO, will hold one-on-one meetings at the UBS Virtual Fintech Conference on Sept 16. Webcasts will be accessible on SS&C's investor relations website.
SS&C Technologies Holdings, Inc. predicts a significant increase in mergers and acquisitions (M&A) volume for Q4 2021, forecasting a growth of over 10% compared to Q4 2020. Latin America is expected to demonstrate notable M&A activity. Regions like Asia Pacific, Europe, and North America are also projected to see growth exceeding 10%. The SS&C Intralinks Deal Flow Predictor suggests strong early-stage deal activity with an average public announcement timeline of six months. SS&C has facilitated over $34.7 trillion in financial transactions.
SS&C Technologies Holdings has appointed Jason White as the new General Counsel, succeeding Joseph Frank, who resigned on August 31, 2021. Jason, with a background as a finance partner at Shearman & Sterling LLP, will report to Bill Stone, Chairman and CEO, overseeing the legal department and serving as Corporate Secretary. Bill Stone expressed confidence in Jason's capabilities to address the challenges of the role, while thanking Joe Frank for his contributions. This leadership change aims to strengthen SS&C's legal operations.
RiverNorth Opportunities Fund (RIV) announced that shareholders voted against converting the fund from a closed-end to an open-end investment structure during the meeting on August 20, 2021. CEO Patrick Galley expressed satisfaction with the outcome, suggesting that the closed-end structure is more beneficial for generating long-term risk-adjusted returns. The Fund will continue to operate under its current closed-end format, which does not allow continuous share issuance. ALPS Advisors serves as the investment adviser, while RiverNorth Capital Management acts as the sub-adviser.