WINDSOR, Conn., July 2, 2014 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced that Infradebt Pty, an Australian infrastructure debt manager specializing in customised investment strategies and established by the founder of Access Capital Advisors, has chosen SS&C's asset management platform.
Infradebt will use SS&C for the position-keeping, valuation and accounting for both traditional and non-traditional asset classes including infrastructure and complex debt instruments. The new technology infrastructure will automate processes, reduce costs and provide flexibility and support for the firm's next phase of growth.
"After a comprehensive review of the market for a solution, SS&C stood apart from the rest and thorough testing showed they could support our requirements," said Alexander Austin, Chief Executive Officer, Infradebt. "We were impressed with the breadth of full asset coverage, compliance functionality, integrated GL and the modern look and feel of the SS&C platform. We also liked their ability to deliver the solution on a 'cloud' basis so we didn't need to establish an IT department."
"An important factor in Infradebt's decision to partner with SS&C is our strong offering for non-traditional asset managers with an easy-to-use web front-end, available 24/7," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Coupled with our class-leading cloud infrastructure, SS&C effectively provides a future proof investment management solution."
About Infradebt Pty
Infradebt Pty is a dedicated infrastructure debt investment manager specializing in customised investment strategies. Infradebt tailors the infrastructure debt investment strategy for each client to meet their broader investment strategy/alternative investment program needs. As an independent manager owned by its senior staff Infradebt interests are aligned with the long-term returns delivered for investors. Capital preservation and risk management is a focus in every investment decision Infradebt make with investment insights honed over decades of investing in infrastructure projects.
Additional information about Infradebt is available at www.infradebt.com.au.
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 6,900 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.
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