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) launched Client View, a new application within its Black Diamond Wealth Platform, aimed at enhancing client management for advisors. This tool serves as an interconnected command center, enabling advisors to manage clients' financial data and communications seamlessly. Key features include balance sheet collaboration, reporting, and customizable options tailored to specific firm needs. The rollout will start with selected firms by year-end. Over 1,600 advisory firms currently utilize the Black Diamond platform.
On September 22, 2020, SS&C Technologies Holdings (Nasdaq: SSNC) reported its GlobeOp Forward Redemption Indicator for September at 3.43%, an increase from 3.08% in August. This figure is lower than the 3.67% recorded a year prior, indicating a strong trend in hedge fund asset retention and high investor confidence. The indicator tracks redemption notices as a percentage of assets under administration, reinforcing positive sentiment in the hedge fund sector. Next publication is scheduled for October 21, 2020.
On September 21, 2020, RiverNorth Opportunities Fund, Inc. (NYSE: RIV) announced a rights offering for its stockholders to purchase additional shares. Stockholders of record as of October 2, 2020, will receive one transferable subscription right for each share held, with the ability to buy one new share for every three rights. The subscription price will be set at 95% of the higher of the net asset value or the market price on the expiration date, November 3, 2020. The offering will follow SEC regulations and a prospectus will be provided.
The ALPS REIT Dividend Dogs ETF (NYSE: RDOG) announced a third-quarter dividend of $0.3482 on September 16, 2020, payable on September 24, 2020. The ex-dividend date is September 17, 2020, with shareholders of record on September 18, 2020. ALPS Advisors manages over $12 billion as of June 30, 2020, focusing on sustainable income and growth strategies. Investors should review investment objectives and risks before investing, as real estate investments are susceptible to market fluctuations and economic conditions.
SS&C Technologies (NASDAQ: SSNC) launched GAMMA, an online education product aimed at financial professionals. This digital library offers hundreds of accredited courses across over 30 financial topics, including accounting, portfolio management, and software skills. Developed by the SS&C Learning Institute, GAMMA updates monthly to incorporate market changes and industry trends. With support for various industry certifications, the initiative aims to empower financial firms during challenging times by providing essential resources and tools for remote learning.
SS&C Technologies announced that Blue Creek Capital Management has launched operations using the Eze Eclipse platform in Hong Kong. The platform automates investment processes for Blue Creek's China-focused fund. In the last year, Eze Eclipse has signed 27 fund managers in the Asia-Pacific region, facilitating 20 new fund launches. The platform offers market data, trading connectivity, and compliance features, emphasizing accessibility for global fund managers. SS&C Eze was recently recognized as the 'Best Third-Party Technology Provider' in Asia.
SS&C Technologies (Nasdaq: SSNC) has announced the launch of two new funds, the ALPS | Smith Credit Opportunities Fund and the ALPS | Smith Balanced Opportunity Fund. These funds aim to provide risk-adjusted returns and income by employing active management strategies. The Credit Opportunities Fund focuses on a diverse range of credit markets, while the Balanced Opportunity Fund seeks long-term capital growth through a mix of equities and fixed income. ALPS Advisors currently manages nearly $1.5 billion in assets across its funds.
On September 14, 2020, SS&C Technologies (Nasdaq: SSNC) announced its partnership with Conbrio Fund Partners for transfer agency support for its GBP1.5 billion fund range. The migration of Conbrio's funds to SS&C's full-service platform was completed within six months. Richard Slattery-Vickers from Conbrio emphasized SS&C's integrated service model, vital for future growth. CEO Nick Wright highlighted the swift migration as evidence of SS&C's capabilities, especially in a remote working environment.
SS&C Technologies (Nasdaq: SSNC), a global leader in financial services software, announced that Patrick Pedonti, Chief Financial Officer, will present at Deutsche Bank's Virtual Technology Conference on September 15, 2020, at 9:40 am ET. This event aims to discuss the company's innovations and strategies in software and services for financial and healthcare sectors. The presentation will be available via webcast on SS&C's investor relations website.
Founded in 1986 and headquartered in Windsor, Connecticut, SS&C supports approximately 18,000 clients worldwide.
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced a strategic partnership with Nationwide to enhance its advisor-sold retirement plan platform. This collaboration will advance Nationwide's retirement business, allowing entry into new markets and accelerating platform modernization. SS&C will manage technology and processes for Nationwide's retirement solutions starting in 2021. Eric Stevenson, president of Nationwide's retirement plans, highlighted the commitment to providing improved solutions for plan sponsors and participants. SS&C aims to deliver an enhanced digital experience for customers.