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.
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced updates to its SS&C Advent solutions, enhancing user experience across platforms including Advent Portfolio Exchange®, Advent Genesis®, and Geneva®. Key updates focus on optimizing performance, integration, and data transparency. Innovations include improved workflow automation in Advent Outsourcing Services, advanced order management in Advent Genesis, and enhanced reporting features in Advent Portfolio Exchange. These updates aim to empower customers to manage workflows efficiently and maintain control over complex fund structures.
SS&C Technologies (Nasdaq: SSNC) has been selected by Cauris, a debt investment manager, to provide administration services for its new private debt fund aimed at expanding financial inclusion in the Global South. The partnership focuses on using innovative solutions and DeFi lending protocols to support multi-currency funds, including those financed by stable coins. This move highlights SS&C's commitment to ESG efforts and its capability to accommodate advanced financing structures.
SS&C Technologies (Nasdaq: SSNC) announced the extension of its partnership with Liontrust Asset Management, following Liontrust's acquisition of Majedie Asset Management. Liontrust will utilize SS&C's Eze Investment Suite to manage approximately GBP38.5 billion in assets. This collaboration will involve over 20 users transitioning to the Eze platform, enhancing Liontrust's asset management capabilities. Since adopting Eze in 2016, Liontrust has grown its assets by more than GBP30 billion. The recent acquisition added an additional GBP5.2 billion in assets under management.
SS&C Technologies Holdings reported Q1 2022 GAAP revenue of $1,295.0 million, a 5.0% increase from Q1 2021. Fully diluted GAAP EPS was $0.64, down 1.5%. Adjusted revenue rose 4.9% to $1,296.2 million, with adjusted EPS of $1.25, up 5.9%. Organic growth reached 4.3%, primarily from the Alternatives, Intralinks, and Advent units. However, healthcare revenue declined 15.5%. The company also repurchased 2.3 million shares at $75.22 each, totaling $170.9 million.
SS&C Technologies (Nasdaq: SSNC) released findings from its Blue Prism research, revealing that 67% of businesses have increased productivity in the last 12-18 months. However, 50% of enterprise organizations face challenges in maintaining these productivity levels, primarily due to rising operational costs and talent shortages. The study, which surveyed over 1,000 decision-makers across Europe and North America, indicated that 69% of enterprises plan to implement intelligent automation (IA) to enhance productivity. The insights were shared ahead of the upcoming Blue Prism World 2022 event.
RiverNorth Opportunities Fund has declared a preferred dividend for Q2 2022. Key details include an ex-dividend date of May 2, 2022, a record date of May 3, 2022, and a payable date of May 16, 2022. The dividend is for the 6.00% Series A Perpetual Preferred Stock (RIVPRA), amounting to $0.1042 per share, representing a partial distribution from the original issue date of April 20, 2022. The Fund emphasizes the potential risks associated with its investment objectives and distribution variability.
SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) reported a Forward Redemption Indicator for April 2022 at 1.48%, down from 1.92% in March. This marks the lowest redemption rate for April since the indicator's inception in 2008. The decrease in redemption notices, compared to 2.07% a year ago, indicates increasing investor confidence in hedge fund managers amidst market volatility. The next report is scheduled for May 20, 2022.
SS&C Technologies will report its first quarter 2022 financial results on April 28, 2022, after market close. An earnings conference call is scheduled for the same day at 5:00 p.m. Eastern Time. Details for the call are provided, including dial-in numbers for participants and an audio replay available from 8:00 p.m. on April 28 until midnight May 5. Founded in 1986 and headquartered in Windsor, Connecticut, SS&C serves 18,000 organizations in the financial and healthcare sectors, emphasizing its scale and technological solutions.
SS&C Technologies (Nasdaq: SSNC) has renewed its long-term transfer agency relationship with Rathbone Funds, a U.K. asset manager managing nearly £13 billion. Rathbone Funds has been partnered with SS&C for 15 years, emphasizing the importance of technology in enhancing customer experience. The extension includes leveraging SS&C's Adviser OnLine for better portfolio access and commission reporting. SS&C manages over £11 billion in assets for Rathbone, showcasing consistent growth even during the pandemic.
