SS&C Launches GoTrade+
WINDSOR, Conn., Oct. 16, 2012 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today launched GoTrade+, an advanced, flexible middle-office service for complex investment portfolios.
GoTrade+ supports post-trade activities of complex traded transactions including bilateral and cleared OTC derivatives, listed derivatives, loans and other securities. The services can be flexibly fitted into existing client infrastructures to flow seamlessly with current processes. The technology receives trade data from front office systems and delivers post trade life cycle support, valuations, collateral management, cash services, accounting, reporting and data delivery all wrapped in a personalized relationship management framework.
Extensive experience gained through years of servicing highly complex portfolios for hedge funds can now be utilized by asset managers, corporate treasuries, banks, insurance and pension companies for a truly specialized and independent service.
Carmine Ricciardi, Mizuho Securities USA Inc. a current client, said, "We leverage SS&C's GoTrade+ services to manage our OTC collateral processes. This provides us with a transparent, controlled and scalable infrastructure as well as subject matter expertise at a fraction of the cost of building and maintaining it ourselves."
"Many institutions who use complex trades such as OTC derivatives don't want to build the infrastructure to handle post-trade activities," said Jon Anderson, Managing Director, SS&C. "This is where we step in, we share our technology and expertise with our clients to provide comprehensive, independent web-based transparency on traded portfolios."
The services and technology are modular and integrated which allows SS&C to offer all or one service based on the client's requirements. GoTrade+ uses web based technology to provide clients with real time 24/7 access to their trade data and statuses so that clients can know anything about their trades, anytime and anywhere.
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 5,500 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 $16 trillion in assets.
Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
The SS&C Technologies logo is available at www.globenewswire.com/newsroom/prs/?pkgid=8587
CONTACT: For more information Patrick Pedonti Chief Financial Officer Tel: +1-860-298-4738 E-mail: InvestorRelations@sscinc.com Caroline Beer Metia (UK) Tel: +44 (0)20 3100 3796 Email: email@example.com Jason Abrams Metia (US) Tel: +1 917 320 6451 Email: firstname.lastname@example.org
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