SS&C Technologies Holdings, Inc. reports developments across investment, financial and healthcare software, technology-enabled services and enterprise automation. Recurring updates include quarterly earnings, cash flow and leverage commentary, product launches such as SS&C Blue Prism WorkHQ, and AI governance initiatives for regulated enterprises.
Company news also covers SS&C GlobeOp fund administration data, including hedge fund redemption and capital movement indicators, as well as client deployments involving managed IT services, fund administration, middle- and back-office operations, investor services and regulatory reporting.
SS&C Technologies has announced its acquisition of 5 M's Minerals Management, LLC, known as MineralWare, for $18 million in cash. This acquisition expands SS&C's offerings into the Energy market and adds $5.5 million in annual recurring revenue, enhancing its asset accounting capabilities. MineralWare, which supports financial institutions and high-net-worth individuals, operates in the Texas market and brings 350 new clients to SS&C, alongside a portfolio of 750,000 mineral assets. The integration aims to streamline operations and offer superior analytics and reporting.
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced that Patrick Pedonti, Senior VP and CFO, will present at the 17th Annual Needham Technology & Media Conference on Wednesday, May 18, 2022, at 9:30 am ET. The event will be accessible via webcasts on SS&C's investor relations website. Founded in 1986 and based in Windsor, Connecticut, SS&C provides software and services to over 20,000 organizations in the financial and healthcare sectors, highlighting its reputation for expertise and technology.
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SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) declared a quarterly dividend of $0.20 per share, maintaining its consistent dividend policy. This dividend will be paid on June 15, 2022, to shareholders recorded by the close of business on June 1, 2022. Founded in 1986 and headquartered in Windsor, Connecticut, SS&C provides services and software to the financial services and healthcare sectors, serving over 20,000 organizations globally.
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SS&C Technologies has launched Blue Prism Desktop, a new desktop automation solution aimed at enhancing security and governance in business processes. The platform minimizes risks related to human interactions and ensures compliance with various IT standards. It offers features such as visibility over processes, trusted audit trails, and the ability to automate data-sensitive tasks. With over 2,800 customers, SS&C aims to empower enterprises to fully utilize automation while maintaining compliance and operational efficiency.
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced updates to its SS&C Advent solutions, enhancing user experience across platforms including Advent Portfolio Exchange®, Advent Genesis®, and Geneva®. Key updates focus on optimizing performance, integration, and data transparency. Innovations include improved workflow automation in Advent Outsourcing Services, advanced order management in Advent Genesis, and enhanced reporting features in Advent Portfolio Exchange. These updates aim to empower customers to manage workflows efficiently and maintain control over complex fund structures.
SS&C Technologies (Nasdaq: SSNC) has been selected by Cauris, a debt investment manager, to provide administration services for its new private debt fund aimed at expanding financial inclusion in the Global South. The partnership focuses on using innovative solutions and DeFi lending protocols to support multi-currency funds, including those financed by stable coins. This move highlights SS&C's commitment to ESG efforts and its capability to accommodate advanced financing structures.
SS&C Technologies (Nasdaq: SSNC) announced the extension of its partnership with Liontrust Asset Management, following Liontrust's acquisition of Majedie Asset Management. Liontrust will utilize SS&C's Eze Investment Suite to manage approximately GBP38.5 billion in assets. This collaboration will involve over 20 users transitioning to the Eze platform, enhancing Liontrust's asset management capabilities. Since adopting Eze in 2016, Liontrust has grown its assets by more than GBP30 billion. The recent acquisition added an additional GBP5.2 billion in assets under management.