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.
SS&C Technologies (Nasdaq: SSNC) announced a joint venture named DomaniRx to develop a cloud-native, API-driven claims adjudication platform. This initiative aims to enhance Pharmacy Benefit Management (PBM) by improving the user experience for both payers and providers. The platform promises affordable and transparent solutions utilizing open-source technology and advanced analytics. Humana will be the first customer, indicating strong industry interest. The collaboration underscores SS&C's commitment to innovation and leveraging its technology capabilities in the healthcare sector.
SS&C Technologies announced the launch of its ALPS | Hillman Active Value ETF (HVAL), an actively managed large-cap value ETF. This fund aims to deliver long-term returns through a strategy focused on identifying undervalued businesses with sustainable competitive advantages. The investment process includes rigorous fundamental analysis and daily disclosure of holdings. The ETF is designed to be tax-efficient and low-cost, making it accessible for a wider range of investors. The firm has $18.5 billion under management as of June 30, 2021.
SS&C Technologies announced a significant upgrade to its SS&C Chorus intelligent automation platform with the release of Chorus BPM 21.1. The upgrade aims to enhance straight-through processing and operational efficiency across financial services and healthcare sectors.
Key features include low-code design capabilities, new data automation functions, improved user experience, and advanced Quality Check AI to enhance accuracy and reduce errors. This upgrade reflects SS&C's ongoing investment in Intelligent Automation, allowing for quick deployment and efficiency gains for its global client base.
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SS&C Technologies Holdings (Nasdaq: SSNC) has been selected by Eurizon SLJ Capital to provide global transfer agency and shareholder services for two new funds. The funds, the Eurizon SLJ Bond Aggregate RMB Fund and the Eurizon SLJ Local Emerging Markets Debt Fund, have a combined launch capital of €61 million. These funds give U.K. investors access to markets in China through GBP and Euro currencies. SS&C's Global Investor & Distribution Solutions will facilitate the services, leveraging advanced operational insights and automation to enhance client servicing.
SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) is set to announce its second quarter financial results on July 28, 2021, after market close. An earnings conference call will occur at 5:00 p.m. Eastern Time on the same day to discuss the results. Investors can access the release via PR Newswire or SS&C's website, with an option for immediate email alerts. A replay of the earnings call will be available from 8:00 p.m. on July 28 until midnight on August 4, 2021, providing further insights into the company's performance.
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SS&C Technologies (Nasdaq: SSNC) announced that CoreVest, a Redwood Trust Company, will implement SS&C's Precision LM™ loan management software. This move aims to enhance automation, operational efficiency, and data accessibility while reducing risks associated with loan management. Precision LM supports various complex loan types and automates the entire loan lifecycle. Christopher Hoeffel, CoreVest's President, emphasized the importance of technology investment for scaling their business. The partnership signifies a strategic focus on mortgage REITs and non-bank lenders.
SS&C Technologies (Nasdaq: SSNC) announced the appointment of Suresh Krishnamurthy as the new head of client solutions for SS&C GlobeOp Private Markets. This role reinforces SS&C's commitment to enhancing its services in private equity and real assets fund administration. Suresh brings a wealth of experience from his previous roles at BNY Mellon and State Street, aiming to leverage innovative technology solutions for clients. Bhagesh Malde, global head of SS&C GlobeOp, expressed enthusiasm about Suresh's expertise and its impact on improving client processes.
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