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SS&C Strengthens Middle East Business with Saudi Arabia Office

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SS&C Technologies Holdings (SSNC) has announced the opening of a new office in Riyadh, Saudi Arabia, expanding its global presence. The company currently serves 850 financial institutions and corporate clients in the Middle East, with 150 clients based in Saudi Arabia. The expansion aims to strengthen relationships with the Capital Markets Authority and the Saudi Arabian Monetary Agency.

The new office, led by Director Issa Jadon, will provide software and services solutions across investment management, risk management, automation, and deal services. The move aligns with Saudi Arabia's Vision 2030 economic transformation program, which is expected to involve over $3 trillion in investments.

Jadwa Investment, a long-time client of SS&C in Saudi Arabia, welcomed the expansion, noting that the new office will enable more localized and tailored services.

SS&C Technologies Holdings (SSNC) ha annunciato l'apertura di un nuovo ufficio a Riyadh, Arabia Saudita, ampliando la sua presenza globale. Attualmente, l'azienda serve 850 istituzioni finanziarie e clienti aziendali in Medio Oriente, con 150 clienti situati in Arabia Saudita. L'espansione mira a rafforzare le relazioni con l'Autorità dei Mercati Capitali e l'Agenzia Monetaria Saudita.

Il nuovo ufficio, guidato dal Direttore Issa Jadon, fornirà soluzioni software e servizi in ambito gestione degli investimenti, gestione dei rischi, automazione e servizi per le transazioni. Questa mossa si allinea con il programma di trasformazione economica Vision 2030 dell'Arabia Saudita, il quale prevede investimenti superiori a 3 trilioni di dollari.

Jadwa Investment, un cliente di lunga data di SS&C in Arabia Saudita, ha accolto con favore l'espansione, sottolineando che il nuovo ufficio permetterà di offrire servizi più localizzati e su misura.

SS&C Technologies Holdings (SSNC) ha anunciado la apertura de una nueva oficina en Riyadh, Arabia Saudita, ampliando su presencia global. Actualmente, la empresa atiende a 850 instituciones financieras y clientes corporativos en el Medio Oriente, con 150 clientes ubicados en Arabia Saudita. La expansión tiene como objetivo fortalecer las relaciones con la Autoridad de Mercados de Capitales y la Agencia Monetaria Saudita.

La nueva oficina, dirigida por el Director Issa Jadon, proporcionará soluciones de software y servicios en gestión de inversiones, gestión de riesgos, automatización y servicios de transacciones. Este movimiento se alinea con el programa de transformación económica Visión 2030 de Arabia Saudita, que se espera involucre más de 3 billones de dólares en inversiones.

Jadwa Investment, un cliente de larga data de SS&C en Arabia Saudita, dio la bienvenida a la expansión, señalando que la nueva oficina permitirá ofrecer servicios más localizados y personalizados.

SS&C Technologies Holdings (SSNC)사우디 아라비아 리야드에 새로운 사무소를 개설했다고 발표하며 글로벌 입지를 확장하고 있습니다. 현재 이 회사는 중동에서 850개의 금융 기관과 기업 고객에게 서비스를 제공하며, 그중 150개 고객이 사우디 아라비아에 있습니다. 이번 확장은 자본 시장 당국 및 사우디 아라비아 통화청과의 관계를 강화하는 것을 목표로 하고 있습니다.

새로운 사무소는 이사인 Issa Jadon이 이끌며, 투자 관리, 리스크 관리, 자동화 및 거래 서비스 분야의 소프트웨어 및 서비스 솔루션을 제공합니다. 이 움직임은 사우디 아라비아의 비전 2030 경제 변혁 프로그램과 일치하며, 이는 3조 달러 이상의 투자를 포함할 것으로 예상됩니다.

사우디 아라비아의 SS&C 오랜 고객인 Jadwa Investment는 이번 확장을 환영하며, 새로운 사무소가 보다 지역화되고 맞춤화된 서비스를 제공할 수 있게 해줄 것이라고 언급했습니다.

SS&C Technologies Holdings (SSNC) a annoncé l'ouverture d'un nouveau bureau à Riyad, Arabie Saoudite, élargissant ainsi sa présence mondiale. L'entreprise sert actuellement 850 institutions financières et clients corporatifs au Moyen-Orient, dont 150 clients basés en Arabie Saoudite. L'expansion vise à renforcer les relations avec l'Autorité des Marchés de Capitaux et l'Agence Monétaire Saoudienne.

Le nouveau bureau, dirigé par le directeur Issa Jadon, proposera des solutions logicielles et des services dans les domaines de la gestion d'investissements, de la gestion des risques, de l'automatisation et des services de transactions. Cette initiative s'inscrit dans le cadre du programme de transformation économique Vision 2030 de l'Arabie Saoudite, qui devrait impliquer plus de 3 trillions de dollars d'investissements.

Jadwa Investment, un client de longue date de SS&C en Arabie Saoudite, a salué cette expansion, notant que le nouveau bureau permettra d'offrir des services plus localisés et sur mesure.

SS&C Technologies Holdings (SSNC) hat die Eröffnung eines neuen Büros in Riad, Saudi-Arabien angekündigt und damit seine globale Präsenz erweitert. Das Unternehmen bedient derzeit 850 Finanzinstitute und Firmenkunden im Nahen Osten, darunter 150 Kunden in Saudi-Arabien. Die Expansion zielt darauf ab, die Beziehungen zur Kapitalmarktbehörde und zur Saudi-Arabischen Währungsbehörde zu stärken.

Das neue Büro, geleitet von Direktor Issa Jadon, wird Software- und Dienstleistungslösungen in den Bereichen Investmentmanagement, Risikomanagement, Automatisierung und Transaktionsdienste anbieten. Dieser Schritt steht im Einklang mit dem wirtschaftlichen Transformationsprogramm Vision 2030 Saudi-Arabiens, das voraussichtlich über 3 Billionen Dollar an Investitionen umfassen wird.

Jadwa Investment, ein langjähriger Kunde von SS&C in Saudi-Arabien, begrüßte die Expansion und stellte fest, dass das neue Büro lokalere und maßgeschneiderte Dienstleistungen ermöglichen wird.

Positive
  • Strategic expansion into Saudi Arabia's rapidly growing financial services market
  • Access to $3 trillion investment opportunity through Vision 2030 program
  • Established presence with 150 existing clients in Saudi Arabia
  • Enhanced ability to work with key regulatory bodies
Negative
  • None.

WINDSOR, Conn., April 7, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced an expansion of its global footprint by opening a new office in Riyadh, Saudi Arabia. The office will enable SS&C to forge new relationships and work more closely with the Capital Markets Authority and the Saudi Arabian Monetary Agency. 

SS&C's Middle East business serves 850 financial institutions and corporate clients; 150 of these clients are in Saudi Arabia. SS&C offers leading software and services solutions across investment management, risk management, automation and deal services. Issa Jadon, Director, will lead the new office.

"We are excited to extend our business in Saudi Arabia," said Bill Stone, Chairman and CEO. "With more than $3 trillion in investments likely under Saudi Arabia's Vision 2030 economic transformation program, the Kingdom's financial services market is expanding rapidly.  SS&C leads with world-class technology, service, and deep knowledge of local markets and regulations."

"We are pleased to see SS&C strengthen their presence here," said Abdullah Al-Eisa, COO at Jadwa Investment, SS&C's long-time client in Saudi Arabia. "As their client for nearly two decades, we've experienced first-hand their innovative technological solutions, which have helped transform our investment operations. Establishing a new office in Riyadh signals a new chapter in our partnership, offering us more localized and tailored services."  

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. More than 22,000 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

How many clients does SS&C (SSNC) serve in the Middle East and Saudi Arabia?

SS&C serves 850 financial institutions and corporate clients in the Middle East, with 150 clients specifically in Saudi Arabia.

What is the investment potential associated with Saudi Arabia's Vision 2030 program for SSNC?

The Vision 2030 economic transformation program is expected to involve over $3 trillion in investments, presenting significant opportunities for SS&C.

Who will lead SS&C's (SSNC) new office in Riyadh, Saudi Arabia?

Director Issa Jadon will lead SS&C's new office in Riyadh, Saudi Arabia.

What services will SS&C (SSNC) offer through its new Saudi Arabia office?

SS&C will offer software and services solutions across investment management, risk management, automation, and deal services.
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