Profile: SS&C Technologies Holdings Inc (SSNC.OQ)
9 Dec 2016
SS&C Technologies Holdings, Inc. (SS&C Holdings), incorporated on July 26, 2005, is a holding company. The Company is a provider of software products and software-enabled services that allow financial services providers to automate complex business processes and manage their information processing requirements. The Company's portfolio of software products and software-enabled services allows its clients to automate and integrate front-office functions, such as trading and modeling, middle-office functions, such as portfolio management and reporting, and back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing. The Company provides its solutions across the globe to over 10,000 clients, principally within the institutional asset and wealth management, alternative investment management, financial advisory and financial institutions vertical markets. In addition, its clients include commercial lenders, real estate investment trusts (REITs), corporate treasury groups, insurance and pension funds, municipal finance groups and real estate property managers.
The Company provides the financial services industry with a range of software-enabled services, which consists of software-enabled outsourcing services and subscription-based on-demand software that are managed and hosted at its facilities, and specialized software products, which are deployed at its clients' facilities. It utilizes its software to offer fund administration services for alternative investment managers, including fund manager services, transfer agency services, funds-of-funds services, tax processing and accounting. It allows its clients to choose from various software delivery options, including on-premise applications and hosted, multi-tenant or dedicated applications. Its portfolio includes over 90 products and software-enabled services.
The Company's products and services for portfolio management span various vertical markets and offer its clients a range of investment management solutions. The Company's portfolio management products include Advent Portfolio Exchange (APX), AdvisorWare, Axys, Complete Asset Management, Reporting and Accounting (CAMRA), Geneva, Debt & Derivatives, Global Wealth Platform, HiPortfolio, MAXIMIS, Pacer, Pages, PORTIA, Recon, SS&C Anova, Sylvan, TNR Solution and Total Return.
APX is a portfolio management solution for asset managers and wealth managers worldwide, which integrates the front-office functions of prospecting, marketing, customer relationship management and internal business management with the back office operations of portfolio accounting, performance measurement and reporting. AdvisorWare software supports hedge funds, funds-of-funds and family offices with global investment, trading and management concerns, and/or complex financial, tax, partnership and allocation reporting requirements. Axys is a turnkey portfolio management and reporting system for small to mid-size investment management organizations. Axys provides investment professionals with portfolio accounting functionality on a range of investment instruments, including equities, fixed income, mutual funds and cash.
CAMRA software supports the integrated management of asset portfolios by investment professionals operating across a range of institutional investment entities. CAMRA is a multi-user, integrated solution tailored to support the entire portfolio management function and includes features to execute, account for and report on all typical securities transactions. Geneva is a global portfolio management platform designed to meet the real-time needs of global asset managers, hedge funds, prime brokers, fund administrators, private equity firms and family offices across the world. Debt & Derivatives is a financial application software package designed to process and analyze all activities relating to derivative and debt portfolios, including pricing, valuation and risk analysis, derivative processing, accounting, management reporting and regulatory reporting. The Company's Web-based service, Global Wealth Platform, combines its core asset management product functions with an interface. Global Wealth Platform provides an integrated suite with components, including modeling, trading, portfolio accounting, client communications and other workflows, such as an on-demand, software-enabled service.
The Company's HiPortfolio is an investment accounting and asset servicing solution. HiPortfolio provides full life cycle processing, including investment and fund accounting capabilities, transaction processing from order capture to post-trade activity, and support for middle- and back-office operations. MAXIMIS is a real-time intranet-enabled portfolio management solution for insurance companies, pension funds and institutional asset managers. Pacer is a portfolio management and accounting system designed to manage diversified global portfolios and meet the management and accounting needs of all business streams, from institutional and pension management, to separately managed accounts, private client portfolios, mutual funds and unit trusts. Pages is a client communication system that generates individual client statements and slide presentations for print, electronic or face-to-face meetings. PORTIA is a middle-to-back-office software solution designed to streamline the operations of global investment managers. PORTIA's functionality supports a range of global asset types, fixed income analytics and analysis, multi-currency transaction processing, corporate actions and presentation-quality reporting implemented with flexible deployment options.
Recon is a transaction, position and cash reconciliation system that streamlines reconciliation by identifying exceptions and providing workflow tools to resolve issues, thereby managing operational risk. Recon automatically reconciles transactions, holdings and cash from multiple sources. The Company's SS&C Anova acts as a central data hub, consolidating and aggregating critical holding, position and transaction data in near real time. Sylvan is a performance measurement, attribution and composite management platform that is designed to streamline the calculation and reporting of performance measurement requirements. TNR Solution is a software product for private equity, hedge funds, funds of hedge funds and family offices. Total Return is a portfolio management and partnership accounting system directed toward the hedge fund and family office markets. Total Return is a multi-currency system, designed to provide financial and tax accounting and reporting.
The Company's real-time trading systems offer a range of trade order management solutions that support both buy-side and sell-side trading. The Company's full-service trade processing systems delivers processing for global treasury and derivative operations. Its solutions are available to clients either through a license or as a software-enabled service. Its trading and treasury operations products include Antares, Global Debt Manager (GDM), MarginMan, MarketLook Information System (MLIS), Moxy and TradeThru. Antares is a real-time, event-driven trading and profit and loss reporting system designed to integrate trade modeling with trade order management. GDM is a suite of solutions, integrated under a common core with single-sign on. GDM enables global banks and securities firms to streamline global registrar and transfer, and paying agency operations, providing a range of corporate trust support, encompassing money market issuance, long-term debt and common depository, with multi-currency and local market support across the world.
MarginMan delivers collateralized trading software to the foreign exchange marketplace. MarginMan supports collateralized foreign exchange trading, precious metals trading and over-the-counter foreign exchange options trading. MLIS allows traders anywhere in the world access to market color and size directly from traders on the trading floor of the New York Stock Exchange. Moxy automates and streamlines the portfolio construction, trading and order management process for the investment management community. Moxy also provides Internet-ready electronic order routing based on the industry standard Financial Information eXchange (FIX) messaging protocol. TradeThru is a Web-based treasury and derivatives operations service that supports multiple asset classes and provides multi-bank, multi-entity and multi-currency integration of front-, middle- and back-office trade functions for financial institutions.
The Company's Pages is a client communications solution for investment managers, insurance companies, and banks that generate distinctive client statements and slide presentations for print, electronic or face-to-face meetings. The Company's eReportal is an end-to-end solution for designing, producing and distributing both online and printed client communications content for the financial services industry. eReportal is a strategic platform that unifies and leverages the data, workflow and presentation content across the firm.
The Company offers various analytical software and financial modeling applications for the insurance industry. The Company also provides analytical software and services to the municipal finance groups market. The Company's financial modeling products include DBC Product Suite, which provides analytical software and services to municipal finance groups, and Global Markets Risk, which provides a view of risk across all asset classes for banks, hedge funds, asset managers, insurance companies and pension funds. Its suite of DBC products addresses a spectrum of municipal finance concerns, including general bond structures, revenue bonds, housing bonds, student loans, and insured revenue bonds and securitizations.
The Company's loan management/accounting products include Precision LM, which is a single database application that provides comprehensive commercial loan management from initial request to final disposition, and Evolv, which automates processes, enables compliance with changing regulations and accurate data analysis that is aimed to manage real-time decision-making. Precision LM offers a centralized loan portfolio that maintains a detailed loan history and audit trail from inception, and generate loan portfolio reporting from a single database.
The Company's property management products include SKYLINE and TimeShareWare Enterprise. SKYLINE is a property management system that integrates all aspects of real estate property management, from prospect management to lease administration, work order management, accounting and reporting. TimeShareWare Enterprise incorporates a Service Oriented Architecture (SOA) and provides the tools, structure and performance needed to accommodate management of complex and demanding resort operations, including sales and marketing, management, contract processing, loan servicing and property management.
Money market processing
The Company's money market processing product includes Global Debt Manager. Global Debt Manager is a browser-based application for corporate and municipal bond accounting. Fully integrated with Money Market Manager (M3), Global Debt Manager offers processing for conventional and structured debt within a platform.
The Company's software-enabled services include Black Diamond, Evare, e-Investor, GoTrade+, GoRisk, SS&C Advent OnDemand, SS&C Direct, SS&C GlobeOp, SSCNet, SVC and FIXLink. Black Diamond offers independent advisors and wealth managers a cloud-based portfolio management platform with aggregation, customizable reporting and rebalancing, and daily reconciliation features. Evare is a provider of financial data acquisition, transformation and delivery services. The Company's e-Investor provides an end-to-end investor transaction processing platform designed to automate the delivery, completion, submission and tracking of all investor transactions.
GoTrade+ automates trade capture as trades occur over a real-time Web-based portal that displays life cycle status, documents, valuations, exposures, collateral and cash positions. A cross-asset and cross strategy application, GoRisk, allows portfolio and risk managers to monitor risk analytics across their trading strategies. GoRisk provides risk analytics across funds-of-funds and managed account platforms. SS&C Advent OnDemand is the Software as a Service (SaaS) delivery of SS&C Advent's suite of asset management solutions. The Company provides software-enabled services through its SS&C Direct operating unit for portfolio accounting, reporting and analysis functions. SS&C GlobeOp offers fund manager services, transfer agency services, funds-of-funds services, tax processing, compliance services and accounting processing. SSCNet is a global trade network linking investment managers, broker-dealers, clearing agencies, custodians and interested parties. SVC provides clients with data for pricing, corporate actions, dividends, interest payments, foreign exchange rates and security master for global financial instruments. FIXLink is a FIX network for indication of interests (IOIs), trades, orders, and allocations, providing a broker-neutral and platform-neutral FIX connectivity service to broker-dealers and institutions.
The Company offers a range of professional services to assist clients. Professional services consist of consulting and implementation services, including the initial installation of systems, conversion of historical data and ongoing training and support.
The Company provides its clients with a client support team whose primary responsibility is to answer questions and provide solutions to address ongoing needs. Direct telephone support is provided during extended business hours, and additional hours are available during peak periods. Approximately every two weeks, the Company distributes its software and services eBriefings, which are newsletters available for geographic regions around the world. It supplements its service and support activities with training. Training options include hosted classroom and online instruction, Zoologic Learning Academy, and online client seminars, or Webinars, that address technical issues in the financial services industry.
The Company competes with CITCO Group, State Street Bank, BNY Mellon Financial, StatPro, Charles River Development, SunGard, Envestnet, Orion, Addepar, SEI, Yardi Systems, Misys and PNC Financial Services.
SS&C Technologies Holdings Inc
80 LAMBERTON RD
WINDSOR CT 06095
Company Web Links
- BRIEF-SS&C Technologies posts Q3 adj. earnings per share $0.42
- BRIEF-Wells Fargo announces sale of its fund administration business
- UPDATE 1-Wells Fargo's unit to sell fund administration business
- BRIEF-SS&C acquires Wells Fargo's Global Fund Services Business
- BRIEF-SS&C GlobeOp hedge fund performance index August performance 0.73% capital movement index September net flows advance 0.38%