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SS&C Announces 1H2024 SS&C Advent, Eze Product Updates

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SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) has announced significant updates across its SS&C Advent and Eze solutions for the first half of 2024. The company is focusing on collaboration between teams to deliver innovative solutions. Key highlights include:

1. Introduction of the Genesis platform for a connected investment experience across front, middle, and back offices.

2. Enhancements to Geneva® for alternative investment managers, including new fee structures and automated workflows.

3. Updates to Eze Eclipse with simplified trading workflows and expanded asset class support.

4. Improvements to Eze OEMS with bolstered fixed-income trading capabilities and UI enhancements.

These updates aim to provide clients with cutting-edge technology and services to improve efficiency and accuracy in investment management.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) ha annunciato aggiornamenti significativi per le sue soluzioni SS&C Advent ed Eze per la prima metà del 2024. L'azienda si sta concentrando sulla collaborazione tra i team per offrire soluzioni innovative. I punti salienti includono:

1. Introduzione della piattaforma Genesis per un'esperienza di investimento connessa tra uffici front, middle e back.

2. Miglioramenti a Geneva® per i gestori di investimenti alternativi, tra cui nuove strutture di commissioni e flussi di lavoro automatizzati.

3. Aggiornamenti a Eze Eclipse con flussi di lavoro di trading semplificati e supporto ampliato per le classi di attivi.

4. Miglioramenti a Eze OEMS con capacità di trading dei titoli a reddito fisso rafforzate e miglioramenti dell'interfaccia utente.

Questi aggiornamenti mirano a fornire ai clienti tecnologie e servizi all'avanguardia per migliorare l'efficienza e l'accuratezza nella gestione degli investimenti.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) ha anunciado actualizaciones significativas en sus soluciones SS&C Advent y Eze para la primera mitad de 2024. La empresa se centra en la colaboración entre equipos para ofrecer soluciones innovadoras. Los puntos destacados incluyen:

1. Introducción de la plataforma Genesis para una experiencia de inversión conectada entre las oficinas front, middle y back.

2. Mejoras en Geneva® para gestores de inversiones alternativas, incluidas nuevas estructuras de tarifas y flujos de trabajo automatizados.

3. Actualizaciones en Eze Eclipse con flujos de trabajo de trading simplificados y soporte ampliado para clases de activos.

4. Mejoras en Eze OEMS con capacidades de trading de renta fija reforzadas y mejoras en la interfaz de usuario.

Estas actualizaciones tienen como objetivo proporcionar a los clientes tecnología y servicios de vanguardia para mejorar la eficiencia y precisión en la gestión de inversiones.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC)는 2024년 상반기를 위한 SS&C Advent 및 Eze 솔루션에 대한 주요 업데이트를 발표했습니다. 회사는 팀 간 협력에 집중하여 혁신적인 솔루션을 제공합니다. 주요 내용은 다음과 같습니다:

1. 프론트, 미들 및 백 오피스 전반에 걸친 연결된 투자 경험을 제공하기 위한 제네시스 플랫폼의 도입.

2. 새로운 수수료 구조와 자동화된 작업 흐름을 포함한 대체 투자 관리자를 위한 제네바®의 개선.

3. 간소화된 거래 워크플로우와 확장된 자산 클래스 지원을 위한 Eze Eclipse의 업데이트.

4. 고급 고정 수익 거래 기능 및 UI 개선으로 강화된 Eze OEMS의 개선.

이러한 업데이트는 고객에게 투자 관리에서 효율성과 정확성을 향상시키기 위한 최첨단 기술과 서비스를 제공하는 것을 목표로 하고 있습니다.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) a annoncé des mises à jour significatives pour ses solutions SS&C Advent et Eze pour le premier semestre 2024. L'entreprise se concentre sur la collaboration entre les équipes pour fournir des solutions innovantes. Les points forts incluent :

1. Introduction de la plateforme Genesis pour une expérience d'investissement connectée entre les bureaux front, middle et back.

2. Améliorations de Geneva® pour les gestionnaires d'investissement alternatifs, y compris de nouvelles structures tarifaires et des flux de travail automatisés.

3. Mises à jour de Eze Eclipse avec des flux de trading simplifiés et un support étendu pour les classes d'actifs.

4. Améliorations de Eze OEMS avec des capacités de trading renforcées en obligations et des améliorations de l'interface utilisateur.

Ces mises à jour visent à fournir aux clients des technologies et des services de pointe pour améliorer l'efficacité et la précision dans la gestion des investissements.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) hat bedeutende Aktualisierungen für seine SS&C Advent- und Eze-Lösungen für die erste Hälfte des Jahres 2024 angekündigt. Das Unternehmen konzentriert sich auf die Zusammenarbeit zwischen den Teams, um innovative Lösungen zu bieten. Die wichtigsten Highlights sind:

1. Einführung der Genesis-Plattform für ein vernetztes Investment-Erlebnis in Front-, Middle- und Back-Office.

2. Verbesserungen an Geneva® für alternative Vermögensverwalter, einschließlich neuer Gebührenstrukturen und automatisierter Arbeitsabläufe.

3. Aktualisierungen für Eze Eclipse mit vereinfachten Handelsabläufen und erweitertem Unterstützung für Anlageklassen.

4. Verbesserungen bei Eze OEMS mit verstärkten Handelsmöglichkeiten im Bereich festverzinslicher Wertpapiere und Benutzeroberflächenerweiterungen.

Diese Updates zielen darauf ab, den Kunden modernste Technologie und Dienstleistungen zur Verbesserung von Effizienz und Genauigkeit im Investitionsmanagement bereitzustellen.

Positive
  • Introduction of the Genesis platform for integrated investment management across front, middle, and back offices
  • Enhancements to Geneva® for alternative investment managers, including new fee structures and automated workflows
  • Updates to Eze Eclipse with simplified trading workflows and expanded asset class support
  • Improvements to Eze OEMS with bolstered fixed-income trading capabilities and UI enhancements
  • Launch of Data Lens for streamlined data procurement, curation, and management
Negative
  • None.

Insights

The recent updates to SS&C's product lines reflect a strong commitment to enhancing their technology infrastructure. By integrating the best features of multiple platforms into the Genesis platform, SS&C is positioning itself to offer a seamless cloud-based investment management experience. This consolidation not only simplifies workflows but also provides real-time data access, which is critical for investment managers handling multi-asset class portfolios.

The improvements in user interface (UI) consistency and performance will likely lead to higher client satisfaction and retention. Additionally, the focus on intelligent automation and extended public APIs for reconciliation could be a game changer, reducing manual intervention and errors.

Overall, these updates position SS&C as a leading innovator in the financial technology space, likely attracting more clients and driving revenue growth in the long term.

SS&C's announcement of product updates across its Advent and Eze solutions is a strategic move to enhance their market position. The Genesis platform's integration of front, middle and back-office functionalities is particularly noteworthy. This holistic approach can streamline operations for investment managers, making SS&C's offerings more attractive compared to competitors.

The introduction of the Investor Fee Builder and enhanced cash management features for Geneva® are also significant. These additions cater to the growing demand for sophisticated solutions in the private markets and alternative investments sectors. The onboarding of new clients for the Loan Data solution further indicates a positive market reception.

In the short term, these updates may not cause a significant immediate impact on the stock price. However, the long-term potential for increased market share and revenue growth is substantial.

From a financial perspective, SS&C's product updates signal a robust strategy to cater to the evolving needs of their client base. The focus on enhancing technology and user experience can lead to higher client satisfaction, potentially translating to increased client retention and acquisition. This, in turn, could drive topline growth for SS&C.

The continuous improvement in platforms like Geneva® and Eze OEMS, especially in areas like fixed-income trading and liquidity management, aligns well with current market demands. These enhancements are likely to attract more institutional clients, providing a steady revenue stream.

While the immediate financial impact may be modest, the sustained improvements and innovations are positive indicators for SS&C's long-term financial health and stock performance. Investors might see these developments as a solid foundation for future growth.

WINDSOR, Conn., July 22, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced releases across its full line of SS&C Advent and Eze solutions, including Geneva®, Genesis, Eze OEMS, Eze Eclipse, and other related platforms.

SS&C is building on successful collaborations between the Advent, Eze, and other teams.

"A major initiative this year is continuing to build on our successful collaborations between SS&C Advent, SS&C Eze, and other teams within SS&C Technologies, particularly SS&C GlobeOp. These projects are already delivering exciting new solutions and capabilities coming to market," said Karen Geiger, Co-General Manager of SS&C Advent. "Our positive, entrepreneurial culture keeps our innovators motivated and curious, resulting in cutting-edge technology and services to enable our clients to focus on their core competencies."

Investment Management Market

To achieve greater efficiency and accuracy in the face of mounting complexity and volume, SS&C Advent is introducing the Genesis platform to provide a modern, connected investment experience across the front, middle, and back offices. The platform brings onto a single cloud interface the best elements of solutions such as Advent Portfolio Exchange (APX), Eze OEMS and Genesis Portfolio Management. The platform gives clients access to real-time data across the accounting, portfolio management, and trade order management applications.

The Genesis Platform offers seamless integration for investment managers, enabling teams to manage complex portfolios with multiple asset classes and fund structures in any currency. Recent application enhancements include:

  • Portfolio Management: Besides providing real-time access to positions and cash for portfolio managers, users can access enhanced tax loss harvesting functionality and household management.
  • Order Management: Leveraging Eze OMS, recent updates focus on the user experience with UI consistency across all platforms.
  • Accounting: Improvements focus on UI, system performance, and integrations, increasing processing times.
  • Reconciliation: Intelligent automation is being incorporated into daily workflows to extend public APIs to show reconciliation status at the portfolio level and exception management for multi-strategy portfolios or "sleeves" whereby users can see "swept" transactions and move as needed.

Alternative Investment Managers

With the continuous growth in private markets, SS&C Advent delivered high-value functionality across asset classes and fund structures.

Geneva® introduced the ability to construct and implement bespoke fee structures for complex, open-ended funds with Investor Fee Builder.

  • The platform also automated workflows to generate better cash management for CLOs and added a wide range of investment accounting and life cycle management features geared at the credit, structured product and fixed income markets.
  • The new Investor Workspace feature for investor accounting data provides easy access to fees, capital commitments, P&L allocations, and more details.
  • Loan Data, a loan market solution introduced earlier this year, onboarded several new clients.

Data Lens, a holistic solution for data procurement, curation, visualization and management, launched to enable customers to reduce technology costs and simplify workflows. The solution streamlines the procurement process for data products and enables easy integration into a client firm's infrastructure.

Eze Eclipse rolled out:

  • Simplified trading workflows, such as the ability to use leverage ratios during order creation. Users can now merge orders directly from their blotter to save valuable time.
  • Increased flexibility in grouping, sorting, and filtering the blotter enhances the user experience.
  • Additional asset class enhancements, such as improved swap management and support for MBS and ABS.
  • An expanded menu of plug-and-play solutions to bolster the platform's capabilities in risk management, reporting, data analytics, trade surveillance, liquidity, and TCA through Eze Marketplace.

Eze OEMS bolstered fixed-income trading with electronic trading for corporates, government/agency, municipals, and securitized bonds with aggregated liquidity across three trading venues. A complete overhaul to the UI introduced new enhanced liquidity views. Managed application clients will now get upgrades automatically every six weeks.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Additional information about

SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
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SOURCE SS&C

FAQ

What major updates did SS&C (SSNC) announce for its Advent and Eze solutions in 1H 2024?

SS&C announced the introduction of the Genesis platform for integrated investment management, enhancements to Geneva® for alternative investment managers, updates to Eze Eclipse with simplified trading workflows, and improvements to Eze OEMS with bolstered fixed-income trading capabilities.

What is the new Genesis platform introduced by SS&C (SSNC) in 1H 2024?

The Genesis platform is a new solution providing a modern, connected investment experience across front, middle, and back offices. It integrates elements from Advent Portfolio Exchange (APX), Eze OEMS, and Genesis Portfolio Management on a single cloud interface.

What enhancements were made to Geneva® by SS&C (SSNC) in the 1H 2024 update?

Geneva® introduced the Investor Fee Builder for complex, open-ended funds, automated workflows for better CLO cash management, and added features for credit, structured product, and fixed income markets. It also introduced Investor Workspace for easier access to investor accounting data.

What new features were added to Eze Eclipse in SS&C's (SSNC) 1H 2024 update?

Eze Eclipse added simplified trading workflows, including leverage ratios during order creation, increased flexibility in blotter management, improved swap management, support for MBS and ABS, and an expanded menu of plug-and-play solutions through Eze Marketplace.

SS&C Technologies Inc

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