Integrated Solution Supports Family Office Growth Plans
WINDSOR, Conn., Sept. 28, 2011 (GLOBE NEWSWIRE) -- SS&C Technologies (Nasdaq:SSNC), a global provider of investment and FINANCIAL software-enabled services and software, today announced that a leading Dutch family office has selected Global Wealth Platform™ (GWP) to streamline and automate their front- to back-office processes.
According to a senior manager at the Family Office, SS&C's GWP solution was selected for its comprehensive front to back office capabilities including risk/exposure management across multiple asset classes. In addition, leveraging GWP's cloud-based software-as-a-service (SaaS) platform for rapid implementation and lower IT costs were cited as other key factors.
"We are delighted to be partnering with such an established and leading family office," said David Reid, Senior Vice President and Managing Director, International, SS&C Technologies. "SS&C's cloud-based software and services provide the security and flexibility that our family office clients demand. This client win reinforces our proven track record to meet and exceed the family office market's need for a scalable, secure and flexible front-to-back office solution to support their growth strategy."
GWP is an end-to-end web-based platform supporting all core account management processing needs of wealth management professionals, including trading, modeling, portfolio accounting, investor prospecting, account aggregation and reconciliation, account management and reporting.
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.
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CONTACT: Patrick Pedonti
Chief Financial Officer