Grupo Vidanta Selects SS&C's TimeShareWare

Wed Nov 28, 2012 9:00am EST

* Reuters is not responsible for the content in this press release.

WINDSOR, Conn., Nov. 28, 2012 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced Grupo Vidanta, Mexico's leading timeshare resort and golf course developer, has chosen SS&C's TimeShareWare Enterprise software to manage its timeshare sales.

Grupo Vidanta Resorts is the fastest growing luxury vacation club in Mexico and needed to replace its existing technology to provide an integrated experience for its luxury focused customers.

TimeShareWare Enterprise will be the central platform for managing leads, tours, contract processing, owners, maintenance assessments, loan servicing, commissions, and reservations with integration to the front desk, the web, and other existing 3rd party systems. Users will access secure information from a central database via screens developed using the latest cloud based technology. This technology enables users to access information and customizable reports from a web browser or a simple desktop icon, delivering a rich and user-friendly work environment.

"We are pleased to be partnered with Grupo Vidanta on this project," said Bill Stone, CEO of SS&C Technologies, Inc. "Our expertise in integrating complex systems, improving business processes, and delivering the latest technology, is a perfect fit for Vidanta's needs. We are excited to participate in a meaningful way in their future growth."

About Grupo Vidanta

Grupo Vidanta has evolved for more than 35 years into one of Mexico's leading developers of hotels and resorts, golf courses, vacation ownership, and tourism infrastructure, including Mexico's first privately built and owned international airport at Puerto Penasco. For American travelers, Grupo Vidanta offers a choice of full-service luxury beach resorts in Mexico's finest beaches, under the Grand Luxxe®, The Grand Mayan®, Mayan Palace®, Sea Garden®, and Ocean Breeze® Resorts brands. In the near future, new hospitality brands will include Bliss®, Grand Bliss® and Mansions of the World®. Grupo Vidanta's Mayan Island® has built and sold over 2,000 second homes. For further information see www.grupovidanta.com.

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 $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

CONTACT: Patrick Pedonti
         Chief Financial Officer
         Tel: +1-860-298-4738
         E-mail: InvestorRelations@sscinc.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.