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 September 2, 2020, SS&C Technologies Holdings (Nasdaq: SSNC) announced that Implemented Portfolios has selected its Global Wealth Platform (GWP) for investment administration and reporting for individually managed accounts (IMAs). Implemented Portfolios extended its GWP license, emphasizing SS&C's expertise in the Australian market. Both companies aim to enhance technology for IMAs, signaling a commitment to innovation. GWP is tailored to address IMA complexities without extensive customization, enhancing Implemented Portfolios' service capabilities.
SS&C Technologies Holdings has appointed Frank Egan as Managing Director of Mergers & Acquisitions. With over 35 years in investment banking and venture capital, Frank brings extensive experience, having previously been Managing Partner at Lake Bridge Capital Ventures and served at notable firms like Northwater Capital. CEO Bill Stone expressed enthusiasm for Frank's appointment, citing his deep understanding of the technology space. SS&C, a provider of services and software in financial services and healthcare sectors, operates globally, serving around 18,000 organizations.
SS&C Technologies has launched its Global Investor and Distribution Solutions (GIDS), aimed at enhancing global transfer agency and investor servicing. GIDS is built on a unified global servicing platform that offers clients data-driven insights, intelligent automation, and advanced digital tools. Nick Wright has been appointed as Head of GIDS, tasked with overseeing strategy and client delivery. This initiative positions SS&C as the largest global transfer agency provider, servicing over 55 million investors across multiple countries, including the U.S. and Europe.
The SS&C GlobeOp Forward Redemption Indicator for August 2020 is reported at 3.08%, up from 2.64% in July. This figure shows a decrease in redemption notices compared to 3.41% in August 2019, indicating strong investor confidence in the hedge fund sector post-COVID. The forward redemptions as a percentage of assets under administration have significantly declined from a high of 19.27% in November 2008. The next indicator release is scheduled for September 22, 2020.
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced a quarterly dividend increase from $0.125 to $0.14 per share, payable on September 15, 2020, to shareholders of record by September 1, 2020. The company expects to generate over $1 billion in operating cash flow for 2020, reflecting a 30% compound annual growth rate over the past decade. CEO Bill Stone emphasized effective capital allocation, focusing on shareholder returns through increased dividends, stock buybacks, and debt repayment.
On August 11, 2020, SS&C Technologies (Nasdaq: SSNC) announced that its CEO Bill Stone will present at the Oppenheimer 23rd Annual Technology, Internet & Communications Conference on August 12, 2020, at 9:40 am ET. A webcast of the presentation will be available on the investor relations website.
SS&C, founded in 1986 and headquartered in Windsor, Connecticut, provides software and services for the financial services and healthcare sectors, serving around 18,000 organizations globally.
SS&C Technologies Holdings (Nasdaq: SSNC) announced the expansion of its SS&C Geneva® platform in China through a partnership with Bank of Communications Trustee Limited. BOCOM Trustee, a Hong Kong-based firm, aims to enhance its services for diverse clients and improve operational efficiency using SS&C's solutions, which feature user-friendly interfaces and automated processes. SS&C's commitment to the Greater China market is underscored by its dedicated team of over 300 staff in the region, ensuring superior support for its clients.
On August 3, 2020, SS&C Technologies (NASDAQ: SSNC) announced that BlueCrest Capital Management has chosen SS&C Eze for its trading operations. The firm transitioned its equities and equity futures trading to Eze EMS due to its advanced functionality and support. Over the past year, SS&C Eze has enhanced its platform with AI and machine learning, improving trade automation, liquidity access, and security features. Michael Hutner, Senior V.P., expressed excitement about collaborating with BlueCrest to navigate the current market landscape.
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