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Ss&C Technologies - SSNC STOCK NEWS

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Overview

SS&C Technologies (Nasdaq: SSNC) is a global provider of specialized financial and healthcare software and software-enabled services, renowned for its extensive suite of solutions that drive operational excellence. The company’s diversified product portfolio encompasses innovative SaaS platforms, tailored fund administration software, account management systems, and intelligent automation solutions, all designed to optimize the complex processes of the financial services and healthcare industries. Incorporating industry-specific keywords such as "investment software," "SaaS," and "intelligent automation," SS&C stands out in the competitive landscape by addressing the unique challenges of asset management, insurance, alternative investments, and regulatory compliance.

Founded in 1986 and headquartered in Windsor, Connecticut, SS&C has cultivated a remarkable global presence with offices around the world. Its client base ranges from the largest multinational institutions to local specialized firms, all relying on SS&C’s expertise in mitigating operational complexity. By leveraging cutting-edge technology and tailored software solutions, the company consistently supports the financial and healthcare sectors in streamlining account administration, asset valuation, compliance processing, data gathering, reconciliation, regulatory reporting, and performance measurement.

Products and Services

SS&C Technologies offers a comprehensive suite of products and services that address the evolving needs of its diverse clientele. The services provided fall broadly into several categories:

  • Fund Administration and Investment Accounting: SS&C delivers sophisticated solutions for investment accounting, valuation, performance measurement, and compliance processing. These platforms support asset managers, banks, and financial advisors in managing complicated portfolios with precision and efficiency.
  • Software-Enabled Services: From account administration and data gathering to reconciliation and statement generation, the company’s software-enabled services are designed to improve operational accuracy and transparency. These services are critical in an environment where regulatory compliance and operational resilience are paramount.
  • Intelligent Automation and Digital Transformation: With advancements in artificial intelligence and automation, SS&C has integrated intelligent automation into its processes. Tools such as virtual deal rooms and automated trading solutions help clients manage transactions and due diligence with enhanced speed, accuracy, and security.
  • Healthcare and Alternative Investments: Beyond financial markets, SS&C has expanded its expertise to include healthcare software solutions. These focus on pharmacy health management, medical claim administration, and broader aspects of healthcare operational management. Additionally, the acquisition of companies in the alternatives space has provided integrated support for alternative investments and asset management.

The company’s operating model is built on scalable solutions that leverage proprietary technology and a global network of professionals. This approach not only enhances efficiency but also ensures that clients receive consistent and secure service across various regions and market conditions.

Market Position and Competitive Advantage

SS&C Technologies occupies a unique position within the financial and healthcare services industry. With decades of market experience, the company combines robust technology with deep industry expertise to provide an unparalleled level of service. Its competitive advantages stem from the following elements:

  • Comprehensive Product Integration: SS&C’s integrated solutions ensure seamless operations across diverse financial processes, creating a value proposition that is both comprehensive and adaptable to client-specific needs.
  • Global Reach and Scalability: With offices and operations spanning multiple continents, SS&C caters to a wide array of clients, ensuring localized expertise backed by global standards of excellence.
  • Innovative Use of Technology: The firm’s continual investment in advanced technologies such as intelligent automation, AI-enhanced decision-making, and digital transformation frameworks helps clients streamline operations and reduce manual inefficiencies.
  • Strategic Acquisitions: Acquisitions in key areas like virtual deal room solutions, healthcare software, and automated payment processing have fortified SS&C’s market presence, allowing it to offer end-to-end capabilities that distinguish it from competitors.

Operational Excellence and Technological Edge

At the heart of SS&C’s operations lies a commitment to operational excellence, which is achieved through an intricate blend of technology and professional expertise. The company integrates best practices in software development with strategic partnerships to continuously enhance its offerings. By doing so, it addresses critical industry challenges such as data fragmentation, regulatory complexity, and operational inefficiencies.

The innovative use of intelligent automation is particularly noteworthy. By seamlessly incorporating automation into its portfolio, SS&C not only improves the accuracy of processes like due diligence, compliance, and reconciliation but also enhances the overall speed of transaction processing. These digital transformation initiatives are central to helping clients manage their assets more effectively and respond to evolving market demands.

Client-Centric Approach and Industry Impact

SS&C’s approach is distinctly client-centric, ensuring that every solution is tailored to meet the unique requirements of varied financial and healthcare organizations. The company’s longstanding relationships with thousands of clients worldwide underscore its ability to adapt and evolve in response to industry trends. SS&C’s services contribute to significant improvements in operational efficiency, risk management, and regulatory compliance, which are critical factors for modern financial institutions and healthcare providers.

Furthermore, SS&C’s industry impact is amplified by its commitment to continuous improvement and innovation. By prioritizing advanced research and development, the company consistently introduces next-generation enhancements and value-added functionalities in its software solutions. This focus on technological advancement is vital for maintaining competitiveness in an industry where digital transformation is accelerating rapidly.

Global Presence and Future Resilience

Operating from a global vantage point, SS&C is well-positioned to handle the complexities of today’s interconnected financial markets. Its robust network, reinforced by strategic local and international partnerships, allows the company to cater to diverse regulatory and operational landscapes. This global reach ensures that SS&C remains a reliable partner for institutions operating across multiple jurisdictions.

Through continuous product innovation, a steadfast commitment to quality, and the drive to enhance operational efficiency, SS&C Technologies delivers a holistic suite of solutions that empower its clients to manage risk, optimize processes, and achieve sustainable operational growth. The company’s comprehensive service offerings serve as a testament to its expertise, reliability, and ability to meet complex market demands in both the financial and healthcare sectors.

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SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announces the renewal of the transfer agency agreement with Dimensional Fund Advisors (DFA), managing $461 billion in assets. SS&C will provide transfer agency services for Dimensional's '40 Act mutual funds, emphasizing their commitment to technological advancement and investor experience.
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SS&C GlobeOp Hedge Fund Performance Index: October performance -1.06%. Capital Movement Index: November net flows advance 0.45%. SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced the gross return of the SS&C GlobeOp Hedge Fund Performance Index October 2023 as -1.06%. The Capital Movement Index advanced 0.45% in November. Bill Stone, Chairman and CEO, highlighted the favorable flows trend during November.
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AMLP - Alerian MLP ETF declares a Q4 2023 distribution of $0.88 per share, payable on November 14, 2023. Key SEO terms: AMLP, Alerian MLP ETF, distribution, dividend, ex-date, record date, payable date, ALPS Portfolio Solutions Distributor, Inc., investor risks, investment objectives, MLPs, energy infrastructure sector, K-1s, Form 1099, federal income tax, passive management.
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ENFR: Alerian Energy Infrastructure ETF Declares Q4 2023 Distribution of $0.32156. ALPS Portfolio Solutions Distributor, Inc. is also the distributor for the Alerian MLP ETF and the ALPS | Alerian Energy Infrastructure Portfolio.
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SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announces senior management participation in investor conferences. Bill Stone, Chairman and CEO, to present at RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference on November 14, 2023. Rahul Kanwar, President and COO, and Brian Schell, CFO, to present at D.A. Davidson Technology Summit on November 16, 2023. Webcasts available on investor relations website.
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SS&C Technologies Holdings, Inc. announces that the SS&C GlobeOp Forward Redemption Indicator for October 2023 measured 2.29%, down from 2.71% in September. The trailing 12-month average is 2.72%. The persistent volatility of global markets provides a favorable environment for hedge funds to offer attractive risk-adjusted returns.
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SS&C Technologies Holdings, Inc. announced that the SS&C GlobeOp Hedge Fund Performance Index measured a gross return of -0.24% in September 2023. The SS&C GlobeOp Capital Movement Index also declined by 0.98% in October. The company's CEO stated that the decline in capital movement was consistent with seasonal asset allocation and portfolio rebalancing patterns.
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SS&C Technologies Holdings, Inc. has announced the integration of the Black Diamond CRM module into the SS&C Black Diamond Wealth Platform. This module is designed for wealth managers and advisory firms, offering a comprehensive managed services solution to reduce technology maintenance burden. Key features include client engagement tracking, account opening support, time and expense insights, workflow automation, email integration, and pre-built integrations. SS&C aims to provide CRM solutions for firms of all sizes to enhance customization capabilities.
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SS&C Technologies Holdings, Inc. reports Q3 2023 financial results, with GAAP revenue up 3.4% and adjusted revenue up 3.4%. Diluted earnings per share flat for GAAP and up 1.7% for adjusted. Operating cash flow increases by 8.1% for the nine months ended September 30, 2023. Q4 2023 guidance provided.
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SS&C Technologies announces that its investment management platform, Eze Eclipse, has surpassed 250 clients and has experienced steady growth since its launch in 2018. The platform offers streamlined operations and has a high client retention rate. Over the past year, Eclipse has introduced several enhancements to meet the needs of its expanding client base.
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FAQ

What is the current stock price of Ss&C Technologies (SSNC)?

The current stock price of Ss&C Technologies (SSNC) is $76.39 as of April 23, 2025.

What is the market cap of Ss&C Technologies (SSNC)?

The market cap of Ss&C Technologies (SSNC) is approximately 18.6B.

What primary industries does SS&C Technologies serve?

SS&C Technologies primarily serves the financial services and healthcare industries by providing specialized software solutions and software-enabled services. Their offerings include fund administration, investment accounting, and intelligent automation to optimize complex operations.

How does SS&C generate revenue?

SS&C generates revenue through a combination of subscription-based models, licensing fees, and service contracts for its software products and software-enabled services. This diversified approach supports both recurring revenue and one-time project fees.

What types of products does SS&C offer?

The company offers a comprehensive suite of products including fund administration software, portfolio accounting tools, intelligent automation platforms, and healthcare management solutions. Their products are designed to improve operational efficiency and compliance across various business processes.

How does SS&C Technologies differentiate itself from its competitors?

SS&C differentiates itself by offering comprehensive, integrated solutions that span multiple segments of the financial and healthcare industries. Its focus on intelligent automation, advanced technology, and strategic acquisitions provides a competitive edge in operational excellence and digital transformation.

What is the significance of SS&C's global presence?

With headquarters in Windsor, Connecticut and offices around the world, SS&C’s global presence allows it to address the diverse regulatory and operational needs of clients in various regions. This broad geographic footprint supports both scalability and localized expertise.

How does SS&C support operational excellence?

SS&C supports operational excellence by integrating cutting-edge technology, such as intelligent automation and AI, into its software solutions. These innovations streamline processes like due diligence, compliance, and reconciliation, thereby reducing inefficiencies and enhancing service quality.

What role do strategic acquisitions play in SS&C's business model?

Strategic acquisitions are integral to SS&C's growth strategy, allowing the company to expand its product portfolio and enter new market segments. These acquisitions enhance its service offerings, especially in areas like virtual deal rooms, healthcare solutions, and automated payment processing.

How does SS&C ensure the reliability of its services?

SS&C maintains service reliability through continuous investment in research and development, a client-centric approach to product design, and a global network of experts. This focus on quality and innovation helps ensure that the solutions provided are robust, secure, and scalable.
Ss&C Technologies

Nasdaq:SSNC

SSNC Rankings

SSNC Stock Data

18.61B
210.80M
13.28%
85.69%
1.03%
Software - Application
Services-prepackaged Software
Link
United States
WINDSOR