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 (Nasdaq: SSNC) released its Q2 2022 SS&C Intralinks Deal Flow Predictor, forecasting a decline in M&A activity compared to Q1 2022 across most regions, except for Europe, the Middle East, and Africa, where growth is expected. North America anticipates a slight decrease of 5% from Q1 but a 5-10% increase year-over-year. Asia Pacific and Latin America are expected to underperform, with minimal changes. Despite geopolitical tensions affecting Eastern Europe, global deal flow remains steady. SS&C Intralinks has facilitated USD 35 trillion in financial transactions.
Principal Real Estate Income Fund, traded as PGZ, announces a 5.00% increase in monthly distributions to $0.105 per share starting May, reflecting an annualized distribution rate of 7.37% based on the current net asset value of $17.09 as of March 29, 2022. Key distribution dates include Ex Date on May 12, Record Date on May 13, and Payable Date on May 31. The Fund highlights that investments carry risks, including potential loss of capital, and should be considered for long-term objectives only.
SS&C Technologies (NASDAQ: SSNC) announced an extended partnership with South African insurer Old Mutual Limited, which manages approximately ZAR 800 billion in assets. Old Mutual has adopted SS&C Chorus BPM, a cloud-based process automation solution. This transition is aimed at enhancing agility and customer service through improved processing and communication. The collaboration marks a significant milestone in their 30-year relationship, emphasizing SS&C's commitment to digital transformation solutions for its clients.
SS&C Technologies Holdings has successfully completed its acquisition of Hubwise Holdings Limited in an all-cash transaction. Hubwise, a regulated B2B investment platform, serves advisers and self-directed D2C propositions. The deal adds 58 employees and 51 customers in the U.K., enhancing SS&C's capabilities in the retail investment market. Bill Stone, CEO of SS&C, emphasized the strategic importance of this acquisition, which aims to leverage SS&C's scale and digital services to create efficient multi-asset strategies.
SS&C GlobeOp Forward Redemption Indicator for March 2022 reached 1.92%, an increase from 1.79% in February. This represents a significant decrease from the 2.49% reported in March 2021, marking the lowest March redemptions since the Indicator's launch in 2008. The improved redemption metrics suggest rising investor confidence amidst current market volatility influenced by inflation and Federal Reserve policies. The next publication is set for April 22, 2022.
On March 16, 2022, SS&C Technologies announced the completion of its acquisition of Blue Prism Group Plc for approximately $1.6 billion. This acquisition positions SS&C as a leader in robotics process automation (RPA) and enhances its offerings in financial services and healthcare. The new unit, SS&C Blue Prism, will report to Managing Director Mike Megaw. With over 2,000 clients globally, Blue Prism's integration is expected to enrich SS&C's capabilities and expand its market reach.
SS&C Technologies (Nasdaq: SSNC) announced a long-term partnership with AMP, a major Australian wealth management company, to enhance the North investment platform. This collaboration aims to improve technology services, focusing on automation and efficiency for advisers and clients. The Bluedoor technology will provide real-time data and streamline operations, benefiting both AMP and SS&C. The partnership signifies a commitment to advancing investment management capabilities, reinforcing SS&C's position in the financial services sector.
On March 9, 2022, SS&C Technologies Holdings (Nasdaq: SSNC) launched GoCentral, a next-generation fund administration platform. This platform employs Artificial Intelligence and Business Process Re-engineering to enhance fund operations and improve exception management processes. The new solution provides seamless workflows, operational transparency, and comprehensive control, allowing clients to focus more on growth and less on operations. SS&C aims to modernize middle office operations and improve resilience for alternative asset managers.
