Cloud-Based Hosting Option and Mobility Offering Changes Private Equity Operations
WINDSOR, Conn., June 28, 2011 (GLOBE NEWSWIRE) -- SS&C Technologies (Nasdaq:SSNC), a global provider of investment and FINANCIAL software-enabled services and software, today announced the release of TNR Solution version 11.1, an important update to SS&C's private equity technology platform.
TNR Solution Version 11.1 includes enhancements to its core fund and investment management functionality, reporting features, and user configuration options. The latest version of TNR Solution also can now be offered as a SaaS hosted option for private equity firms for a monthly fee and no capital expenditure.
With TNR Mobile, TNR Solution's mobility platform, private equity professionals can instantly update and access critical information from the field including company and individual contact information, meeting notes, deal profiles, fund raising details, and more. TNR Mobile is fully compatible with iPad™, iPhone™, Blackberry®, and Android™ devices, enabling real time data sharing with TNR Solution.
"With our cloud-based TNR Solution offering and TNR Mobile, we are reinventing the way private equity does business," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "We have 25 years of expertise working with the leading financial services companies around the world to deploy best-in-class technology and service solutions. Our private equity clients are demanding access to their data in more ways, and on the latest smart phones and tablets. Our cloud-based applications and mobility offering allow our clients to remain connected on the go."
About SS&C Technologies
Celebrating its 25th year, 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. 5,000 financial services organizations, from the world's largest to local financial services organizations, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $16 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 Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7358
CONTACT: | Patrick Pedonti Chief Financial Officer Tel: +1-860-298-4738 E-mail: InvestorRelations@sscinc.com |