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. reports developments across investment, financial and healthcare software, technology-enabled services and enterprise automation. Recurring updates include quarterly earnings, cash flow and leverage commentary, product launches such as SS&C Blue Prism WorkHQ, and AI governance initiatives for regulated enterprises.
Company news also covers SS&C GlobeOp fund administration data, including hedge fund redemption and capital movement indicators, as well as client deployments involving managed IT services, fund administration, middle- and back-office operations, investor services and regulatory reporting.
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.