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.
Summary not available.
SS&C Technologies (Nasdaq: SSNC) announced that Mid Atlantic Capital Group has selected it for automating FINRA Consolidated Audit Trail (CAT) reporting. This service involves monitoring, submitting, and correcting transactional data for Mid Atlantic, ensuring compliance with upcoming SEC requirements. SS&C's CAT Reporting Portal streamlines broker data into FINRA-compliant reports, enhancing efficiency. With over 70 firms already certified, SS&C continues to establish itself as a leader in regulatory reporting technology, enabling clients to focus on their core operations.
The SS&C GlobeOp Forward Redemption Indicator for June 2020 recorded 4.24%, an increase from 4.00% in May. While this figure aligns with historical averages for June, it represents a rise from 3.81% from the previous year. Bill Stone, CEO of SS&C Technologies, noted that redemption levels are consistent with steady trends in asset retention within the hedge fund sector amid the COVID-19 pandemic. The next report will be published on July 22, 2020. The indicator reflects investor confidence in hedge funds, which has shown a decreasing trend from a high of 19.27% in November 2008.