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.
On November 17, 2020, SS&C Technologies (Nasdaq: SSNC) announced significant updates to its SS&C Advent solutions, enhancing user experience and operational workflows. Key releases include:
- Advent Outsourcing Services with improved visibility of operational workflows.
- Advent Portfolio Exchange featuring streamlined portfolio management.
- Advent Revenue Center reducing processing times by up to 80%.
- Geneva introducing real-time data updates and machine learning enhancements.
These innovations aim to position clients advantageously in market opportunities.
SS&C Technologies (Nasdaq: SSNC) announced its speaker lineup for the Alternative Investments Global Virtual Summit 2020 on December 10, 2020. The event will feature industry leaders including David M. Rubenstein, Orlando Bravo, and Sam Zell, moderated by Steve Leisman from CNBC. Participants can engage in discussions covering key topics such as private equity strategies, fundraising, due diligence, and ESG. The summit is expected to attract approximately 4,000 professionals globally, enhancing networking among investment professionals.
SS&C Technologies (Nasdaq: SSNC) announced that Rahul Kanwar, President and COO, will speak at Citi's 2020 Virtual Financial Technology Conference on November 16, 2020, at 10:30 am ET. The presentation will focus on the company’s innovative software and services for the financial and healthcare sectors. A webcast of the event will be available on SS&C's investor relations website.
Founded in 1986 and headquartered in Windsor, Connecticut, SS&C supports over 18,000 organizations, catering to various market needs globally.
RiverNorth Opportunities Fund, Inc. (NYSE: RIV) has successfully completed its rights offering, issuing 575,706 new common shares. The offering, which closed on November 6, 2020, generated approximately $8.1 million in gross proceeds at a subscription price of $14.08 per share. As of September 30, 2020, the Fund had $140.3 million in net assets and 9.4 million shares outstanding. The Fund's goal is total return through capital appreciation and current income, with investors advised to review associated risks and fees before investing.
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) has announced that its cloud-based investment management platform, Eze Eclipse, has acquired over 150 clients. The platform has witnessed a significant boost, more than doubling its client base among hedge funds and asset managers in the past year, maintaining a 100% client retention rate. Recent enhancements include faster trade entry and a mobile app for investment activities. Ennio Carboni has been appointed to lead product and engineering for Eclipse, bringing experience from VMWare.
RiverNorth Opportunities Fund (NYSE: RIV) announced preliminary results of its rights offering, which expired on November 6, 2020. The fund received subscriptions for 575,813 shares, anticipating gross proceeds of approximately $8.1 million. The final subscription price was set at $14.08 per share, slightly below the initial estimate of $14.18. Excess payments from rights holders will be returned promptly. The fund's net assets stood at about $140.3 million as of September 30, 2020.
SS&C Technologies Holdings announced the integration of its cloud-based Precision LM software by National Western Life Insurance Company for enhanced commercial loan servicing operations. This partnership aims to support bespoke loan terms and provide critical portfolio analytics. National Western Life's Mortgage Loan Manager expressed confidence in SS&C's expertise, anticipating improved reporting and overall lending experiences over the next five years. SS&C is a preferred partner for over 50% of the top 40 life insurance companies investing in commercial mortgages.
SS&C Technologies (Nasdaq: SSNC) announced the addition of ProNvest, a managed account solution, to its TRAC recordkeeping platform. This integration enhances SS&C Retirement Solutions, providing retirement plan service providers with advanced options for defined contribution plans. ProNvest's services will be accessible to all users of SS&C's platform, facilitating expansion with minimal development efforts. The partnership aims to support retirement providers in delivering tailored, scalable solutions for their clients.