As demands increase for transparency and data, investment managers look to SS&C to enhance performance analysis and reporting capabilities
WINDSOR, Conn., May 12, 2015 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced its performance measurement outsourcing assets under management (AUM) have grown to $182 billion. In the last 12 months the global service experienced a forty percent increase in AUM driven by demand to improve the investment decision making process and streamline investor reporting. SS&C provides investment management customers accurate and actionable performance data eliminating the installation and maintenance of performance measurement technology in-house.
Launched in December 2012 the service combines SS&C's performance measurement expertise, scalable infrastructure and powerful cloud-based technology to provide complete outsourced performance measurement including robust analytics and multichannel reporting.
"Shrinking decision timeframes and savvy investors are forcing investment managers to make decisions quickly and communicate performance in real-time," says David Reid, Senior Vice President, Institutional Outsourcing, SS&C Technologies. "We are pleased to provide accurate and reliable performance data and analytics, as well as cloud-based reporting, so customers can focus on improving returns. Today, our performance measurement technology and outsourcing team seamlessly manage performance measurement for a diverse and global set of clients."
SS&C's performance outsourcing service addresses key industry challenges, such as data consolidation, data enrichment, asset class diversity and complexity, IT challenges, increased demand for transparency, and information quality.
SS&C executives will also be available to discuss the service at PMAR North America, the performance measurement attribution and risk conference taking place in Philadelphia from May 12-13, 2015.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. Some 7,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $26 trillion in assets.
Additional information about SS&C (NASDAQ: SSNC) is available at www.ssctech.com.
Follow SS&C on Twitter, Linkedin and Facebook. The SS&C Technologies logo is available at www.globenewswire.com/newsroom/prs/?pkgid=8587
For further information: Patrick Pedonti, Chief Financial Officer, Tel: +1-860-298-4738, E-mail: InvestorRelations@sscinc.com, or Justine Stone, Investor Relations, Tel: +1- 212-367-4705, E-mail: InvestorRelations@sscinc.com, or Media Contacts - Sarah Mason, Metia (UK), Tel. +44 (0)20 3100 3613, Email: firstname.lastname@example.org, or Kheli Chevalier, BackBay Communications (US), Tel: +1-617-556-9982 ext.228, Email: email@example.com, http://www.ssctech.com