Ss&C Technologies - SSNC STOCK NEWS

SS&C Technologies (Nasdaq: SSNC) has announced an expansion of its partnership with Gordian Capital, a prominent fund management platform in Asia managing USD 7 billion in assets under management (AUM). This extension, effective in Singapore and Japan, will see Gordian Capital integrate the Eze Investment Suite to enhance its trading, portfolio, and risk management capabilities. Gordian Capital aims to provide regulatory-compliant infrastructure for fund managers, leveraging SS&C's advanced technology to meet evolving investor demands.

SS&C Technologies (Nasdaq: SSNC) has introduced a new workforce optimization solution in collaboration with ActiveOps. This product aims to enhance productivity and support employee well-being in remote and hybrid work settings. By integrating data analytics and management tools, companies can uncover inefficiencies and improve operational performance. General Managers from both companies emphasize the importance of intelligent tools to adapt to the evolving work environment, making it crucial for businesses to leverage these insights for better decision-making.

SS&C Technologies announced that the SS&C GlobeOp Forward Redemption Indicator for October 2021 reached an all-time low of 1.56%, a decrease from 2.45% in September. This marks the lowest monthly redemption level since the Indicator's inception in 2008 and represents a significant year-over-year improvement from 2.84% recorded in October 2020. The company sees this as a positive trend for hedge fund asset growth, continuing a series of 16 months of year-over-year reductions. The next report will be published on November 16, 2021.

On Oct 20, 2021, SS&C Technologies announced that DDH Graham Limited, a fund management provider in Brisbane, will utilize its Bluedoor SaaS platform for fund administration. This partnership aims to enhance operational efficiency and reduce costs. As part of the collaboration, AMG Super will launch the Acclaim Super & Pension product on Bluedoor, improving advisor and member engagement through enhanced self-service capabilities. SS&C's Bluedoor platform supports digital operations and automates processes for a better user experience.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) will announce its third quarter 2021 financial results on October 28, 2021, after market close. An earnings conference call will follow at 5:00 p.m. Eastern Time on the same day to discuss the results. Interested parties can access the press release through SS&C's website or via PR Newswire. The earnings call will be available for audio replay starting at 8:00 p.m. on October 28 until November 4, 2021. SS&C has a broad clientele in the financial services and healthcare sectors, providing software solutions and services.

SS&C Technologies Holdings (Nasdaq: SSNC) announced that Bradesco Securities, Brazil's brokerage arm, has chosen SS&C MarketTrader as its core order management system. MarketTrader will enhance Bradesco's multi-asset trading capabilities, facilitate compliance with CAT and MiFID II reporting, and ensure seamless broker access via SS&C FIXLink. Bradesco expressed satisfaction with the system's user-friendliness and the smooth migration process conducted by SS&C, which reinforces their partnership moving forward.

On October 4, 2021, SS&C Technologies (Nasdaq: SSNC) announced a strategic partnership with Mammoth Scientific, a venture capital firm, to administer its inaugural $100 million health science and technology fund. This collaboration aims to provide venture capital to companies moving beyond seed funding. Mammoth Scientific, seeking to democratize early-stage alternative investments, chose SS&C for its proven expertise in private markets and innovative solutions, including fund administration and technology support.