WINDSOR, Conn., March 12, 2015 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today reported on the company's success in the Canadian market in 2014 as well as highlighting stand-out customer wins.
SS&C saw 35 Canadian contracts signed for a wide range of software and software-enabled services last year, including its wealth management technology platform, fund administration services, reconciliation software, web-based client and performance reporting software, post-trade communication network and market data services.
"Changes in the regulatory landscape including CRM2 and T+2 planning, along with the increasingly competitive landscape is driving Canadian investment firms to future-proof their investment operations and focus on growth," said Eric Rocks, Vice President and Managing Director, SS&C Canada. "Our success is based on our proven ability to help customers realize significant, measurable gains by delivering sophisticated and scalable technology solutions and industry expertise. Our Canadian customers cover the range of investment management, from private wealth managers, institutional asset managers to hedge funds and private equity."
The 35 new and account expansions with industry-leading companies includes Canadian Tier 1 banks, Beutel, Goodman & Company Ltd., Vancity Investment Management, Heward Investment Management, Credential Securities, Pembroke Management Ltd, Lucie and Andre Chagnon Foundation, Milestone Investment Counsel and more. SS&C helped customers streamline their investment management operations so they were better able to focus on growth, adopt new strategies and comply with the ever-changing regulatory regime.
With more than 280 employees based in five office locations across Canada, SS&C delivers bilingual client support, product development and localized expertise to more than 350 Canadian investment management firms, ranging from CAD $100 million to $250 billion in assets under management.
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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