WINDSOR, Conn., Oct. 8, 2014 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today unveiled its integrated front- to back-office technology platform for hedge funds.
The end-to-end offering features a comprehensive Order Management System (OMS), including state-of-the-art trading and execution management tools, real-time P&L, FIX connectivity, mobile app access to performance information, dedicated service and hosting facilities.This front-office technology combined with SS&C GlobeOp's class-leading, independent middle- and back-office services deliver a comprehensive front- to back-office platform.
Long-term fund administration customer HITE Hedge Asset Management LLC recently went live with the integrated front- to back-office solution. James Conant, Chief Financial and Compliance Officer, HITE Hedge Asset Management LLC said, "With SS&C as our trusted administrator, it made sense to look to them to provide a fully integrated solution for us to build our business and not have to worry about managing multiple vendors. The breadth of investment management tools and the ability to call one number for support was compelling, along with their straight-forward business model that minimizes costs down to our trading partners. The solution will provide us with the right platform to manage our capital and risk efficiently."
SS&C provides fund managers with seamless services ranging from pre-trade compliance, trade execution and portfolio management, right through to NAV, risk and regulatory reporting.
"We are pleased to have HITE as our newest front- to back-office hedge fund solution client. They needed a turnkey comprehensive and reliable investment technology platform so they could execute their investment philosophy and focus on growing their business," commented Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "With our hosted integrated solution, we take care of the technology and operational expertise and HITE takes care of investing."
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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