SS&C's innovative Evare Data Services Portal fuels competitive advantage for asset managers, broker/dealers, custodial institutions and banks, corporations
WINDSOR, Conn., Sept. 10, 2015 /PRNewswire/ -- SS&C Technologies Holdings, Inc. ("SS&C") (Nasdaq: SSNC), a leading global provider of financial services software and software-enabled services, unveiled its Evare Data Services Portal at the FIS Wealth Outsourcing Solutions' Fall 2015 Regional Seminar Series taking place in Chicago, Illinois. SS&C's Evare is a managed service for financial data acquisition, normalization, transformation and delivery, serving as a data transformation hub for over 500 financial services firms globally.
The new real-time web-based portal redefines how financial services firms securely and efficiently monitor their data flows. To help operations teams holistically manage their client's external reconciliation, performance and accounting processes, the Evare Data Services portal offers users direct access to wide array of data such as: daily data transmissions; letters of authorization; account reconciliation reports; and other client-specific service information. With improved visibility into their transmission statuses, firms benefit from reduced operational risks and costs associated with late files and missing or incomplete data.
"Monitoring incoming data feeds has traditionally been a resource-intensive process. With Evare's Data Services portal, users can connect to their critical data to make smarter decisions in real-time," said Joe Souza, Vice President, SS&C's Evare. "Evare's new offering is designed using the most modern web design principles including mobile access combined with the industry's most comprehensive, secure data transformation and delivery service."
To address the need for greater transparency and control over operations, SS&C's Evare helps global financial services firms improve their data management processes, reducing the time, expense and risk of onboarding critical counterparty data that feeds downstream processes. Evare offers direct links with over 500 institutions and access to over 10,000 counterparties via the SWIFT network, providing clients with a comprehensive view of their accounts regardless of where assets are held.
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 10,000 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 $44 trillion in assets.
Additional information about SS&C (NASDAQ: SSNC) is available at www.ssctech.com.
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For further information: Patrick Pedonti, Chief Financial Officer, Tel: +1-860-298-4738, E-mail: [email protected]; Justine Stone, Investor Relations, Tel: +1- 212-367-4705, E-mail: [email protected]; Media Contacts: Sarah Mason, Metia (UK), Tel. +44 (0)20 3100 3613, Email: ss&[email protected]; Megan Griffin, BackBay Communications (US), Tel: +1-617-556-9982 ext.221, Email: ss&[email protected], http://www.ssctech.com