SS&C Announces Launch of New Asset Allocator Platform for Institutional Investors

Rhea-AI Summary

SS&C Technologies (Nasdaq: SSNC) launched its new Asset Allocator Platform, integrating software and services for institutional investors. This platform serves pension funds, endowments, and foundations, enabling them to manage multiple investments effectively. Notably, the University of Wyoming Foundation migrated over 100 private funds onto this system. The platform enhances data aggregation, reporting, and portfolio management, aiming to streamline client operations. The launch reflects SS&C's commitment to providing cutting-edge solutions in the financial services sector.

Positive

• Successful launch of the Asset Allocator Platform enhancing service offerings.
• Increased client migration to the new platform, including substantial clients like the University of Wyoming Foundation.
• Improved analytics and reporting capabilities for institutional investors.

Negative

• None.

Clients respond enthusiastically to new Portfolio and Operational Management System

WINDSOR, Conn., June 27, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the launch of its next generation Asset Allocator Platform powered by FundHub – a new industry-leading technology solution for institutional investors. The platform provides an integrated software-plus-service solution for investors such as pension funds, endowments, foundations, insurance companies, fund of funds and family offices who invest in funds, separately managed accounts and related asset classes.

Current clients are migrating onto the platform, along with new clients such as the University of Wyoming Foundation. The foundation converted its portfolio of more than 100 private funds, with SS&C's team of experienced fund accountants facilitating a conversion of historical performance data going back to 1998.

"FundHub provides my office with a holistic view of our portfolio holdings and fund document repository, putting performance analysis, portfolio and fund management at our fingertips," said Philip Treick, University of Wyoming Foundation Chief Investment Officer. "With the SS&C service team collecting, reconciling and processing all investment activity and managing treasury operations on a timely basis, my team can focus on the business of investing while still maintaining full control of our investment operations."

FundHub enables SS&C's Global Asset Allocator Service teams to better support clients world-wide in managing, analyzing, processing and accounting for all investments regardless of asset class. The new technology delivers fund data aggregation and analysis, holdings look-through, document management, and ABOR and IBOR reporting on a single integrated platform. The solution also provides reporting and analytical tools for performance measurement, liquidity planning, and exposure analysis to help investors better manage complex portfolios.

 "We are pleased to offer this enhanced combination of best-of-breed technology and investment operations services to our asset allocator clients," said Christopher Kundro, Managing Director of Global Fund and Allocator Services. "This new platform leverages our capabilities as the world's leading fund administrator and financial software provider enabling investment and operations professionals to obtain more accurate and timely information and focus on value-added activities".

Learn more about SS&C Asset Allocator Platform here.

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 is the Asset Allocator Platform by SSNC?

The Asset Allocator Platform is an integrated software-plus-service solution designed for institutional investors, providing enhanced portfolio management and reporting capabilities.

When was the Asset Allocator Platform launched?

The Asset Allocator Platform was launched on June 27, 2022.

Who are the main clients for the Asset Allocator Platform?

The main clients include institutional investors such as pension funds, endowments, foundations, and insurance companies.

What features does the Asset Allocator Platform provide?

The platform offers fund data aggregation, performance measurement, liquidity planning, and exposure analysis.

How has the University of Wyoming Foundation benefited from the platform?

The University of Wyoming Foundation migrated over 100 private funds to the platform, allowing for better performance analysis and portfolio management.