SS&C Technologies Holdings, Inc. (known as SS&C or Securities Software and Consulting) is an American multinational holding company headquartered in Windsor, Connecticut, that sells software and software as a service to the financial services industry. The company has offices in the Americas, Europe, Asia, Africa and Australia.
Through its numerous acquired subsidiaries, such as Advent Software, Varden Technologies, Eze Software, Intralinks, and Primatics Financial, SS&C specializes in specific fintech markets, such as fund administration, wealth management accounting, and insurance and pension funds. In 2020 SS&C Technologies reported in their balance sheet over $1.69 trillion in Assets Under Custody (AUC).
History SS&C was founded by William C. Stone in 1986. The company went through an initial public offering process for the first time in 1996. It was taken private in a leveraged buyout in 2005 with Sunshine Acquisition Corp., affiliated with The Carlyle Group. And after some years as a private company, SS&C was taken public again in a second IPO in 2010 through a listing on Nasdaq under the symbol SSNC.
In 2021, Mammoth Scientific selected SS&C as the administrator and technology partner for its $100 million venture capital fund. The fund is for health science and technology companies. In October, Gordian Capital started using the company's Eze Investment Suite for its trading, portfolio, and risk management services in Singapore and Japan.
In May 2022, Liontrust Asset Management extended its mandate with SS&C. The company uses SS&C's products to manage the majority of its £38.5 billion in assets.
In June, SS&C released a new asset allocator platform for institutional investors. It was powered by FundHub and provided fund data aggregation and analysis, holdings look-through, document management, ABOR and IBOR reporting, performance management, liquidity planning, and exposure analysis.
Acquisitions SS&C Technologies acquired a variety of companies to bring products and talent into the company. Since 1995, it has acquired more than 50 companies. +CompanyIndustry/ServiceYearSourceShepro BraunInvestment software1997Mabel SystemsPortfolio management1997QuantraReal estate equity and debt investment management1998HedgeWare, Inc.Portfolio, tax accounting and financial partnership software1999Digital Visions assets of Netzee Inc.Internet banking products and services and internet commerce products2001Amicorp Fund ServicesFund administration 2003Investment Advisory Network, LLCFinancial portfolio manager2004NeoVision Hypersystems, Inc.Financial data and analytics/trading activity and customer portfolio performance2004OMR SystemsTreasury processing software and outsourcing solutions2004Financial Models Company, Inc.Technology solutions and services for investments2005EisnerfastFund accounting2005Financial InteractiveCRM and fund profiling software2005MarginManCollateralized trading software2005Open Information SystemsWeb-based support applications for financial institutions 2005Cogent ManagementHedge fund management services2006ZoologicEducation software2006Northport, LLCFund administration2007Micro Design Services, LLCSoftware design and development2008Evare, LLCManaged utility service provider for financial data2009MAXIMIS business from UnisysInvestment accounting software2009TheNextRound, Inc.Software developer for private equity and alternative investments2009Tradeware GlobalBroker-neutral system provider for equity market access2010Geller Investment Partnership ServicesInvestment partnership services2010TD Ameritrade's Thinklink ProductOrder management software2010TimeShareWareTechnology solutions for shared-ownership resorts2010BDO Simpson Xavier Fund Administration Services LimitedFund administrator2011Teledata Communications, Inc. software assetsBackground-search and credit-retrieval software and services2011HedgemetrixBack-office services for alternative investment funds2012Thomson Reuters' PORTIAMiddle-to-back office investment operations platform2012GlopeOp Financial Services S.A.Fund services2012Gravity FinancialFund administrator2012Prime Management LimitedFund administrator2013DST Global SolutionsInvestment and fund management and analytics2014Advent SoftwareFinancial services2015Varden TechnologiesSoftware communication solutions2015Primatics FinancialAccounting, forecasting, regulatory reporting, reserving and stress testing2015ModestsparkClient portal and digital client experience tools2017DST SystemsInformation processing and software2018Eze SoftwareInvestment software2018IntralinksFinancial technology2018Algorithmics Inc.Financial risk management2019MineralWareCloud-based asset management platform2022Blue Prism Group, PLCRobotic process automation2022Tier1 CRMCapital markets CRM2022
Services and Subsidiaries SS&C Fund Services SS&C Fund Services offers fund administration services for hedge funds, funds of funds, private equity funds and managed account managers. Rahul Kanwar, Senior Vice President and Managing Director is a key executive for SS&C Fund Services.
SS&C GlobeOp Investor Services SS&C GlobeOp is a fund administrator offering financial technology products and services.
SS&C Global Wealth Management The SS&C Global Wealth Platform offers secured web-based multi-currency wealth management aimed to support all aspects of investment management.
SS&C Skyline SS&C Skyline is an accounting system designed for property management functions. The property management software can be used as a marketing platform that helps users find new tenants through common rental websites and online applications.
SS&C BenefiX BenefiX is SS&C's product to employee benefits data management and exchange. It is a cloud-based data exchange service that transforms, translates and transmits employee benefits data to insurance carriers and administrators.
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