SS&C Launches 18f-4 Risk Analytics Service

Rhea-AI Summary

SS&C Technologies (Nasdaq: SSNC) has introduced the SS&C Algorithmics 18f-4 Analytics Service, designed to assist fund managers in complying with the new SEC Rule 18f-4, effective August 2022. This scalable, cloud-based platform enables firms to generate necessary compliance reports and conduct risk analysis for derivatives investments.

With integrated capabilities and robust reporting tools, the service simplifies the complex reporting requirements for registered investment companies. This solution positions SS&C to effectively support clients navigating evolving regulatory landscapes.

Positive

• Launch of SS&C Algorithmics 18f-4 Analytics Service to aid compliance with SEC Rule 18f-4.
• Cloud-based platform simplifies complex reporting for derivatives investments.
• Integration with existing SS&C platforms enhances functionality for fund managers.

Negative

• None.

WINDSOR, Conn., Jan. 5, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the launch of SS&C Algorithmics 18f-4 Analytics Service to help fund managers comply with new derivatives investment reporting rules. SEC Rule 18f-4 comes into effect August 2022, changing the regulatory framework for derivatives used by registered investment companies such as mutual funds, ETFs, closed-end funds, and others.

SS&C Algorithmics 18f-4 Risk Analytics Service is a turnkey, scalable, cloud-based platform enabling firms to generate reports for compliance with the new rules. Leveraging SS&C Algorithmics' robust risk analysis engines and reporting tools, the service provides extensive calculations and analytics to test scenarios, assess and report derivatives risk accurately. In addition, the solution seamlessly integrates with other SS&C platforms, including key fund administration apps and third-party vendors for comprehensive N-PORT reporting. 

"As registered fund companies expand their use of derivatives investments, reporting is getting more complex," said Mina Wallace, General Manager, SS&C Algorithmics. "SS&C performs all necessary functions to comply with SEC Rule18f-4, such as accounting, analytics, compliance and submission. In addition, seamless integration with other N-PORT reporting solutions helps streamline data calculations and analytics, simplifying reporting and compliance for funds of all sizes."

Register for our webinar to learn more about SS&C Algorithmics 18f-4 Analytics Service.

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 18,000 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. Follow SS&C on Twitter, Linkedin and Facebook.

 

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SOURCE SS&C

FAQ

What is the SS&C Algorithmics 18f-4 Analytics Service?

It's a new cloud-based platform launched by SS&C Technologies to help fund managers comply with SEC Rule 18f-4.

When does SEC Rule 18f-4 come into effect?

The rule comes into effect in August 2022.

How does the 18f-4 Analytics Service support investment funds?

It provides tools for compliance reporting and risk analytics for derivatives investments.

What are the benefits of the new 18f-4 Analytics Service?

The service simplifies complex reporting and integrates with existing SS&C platforms.

What is SEC Rule 18f-4 about?

It regulates the use of derivatives by registered investment companies, including mutual funds and ETFs.