Firm Gains Time, Ops Advantages via SS&C Hosting Investment manager DDJ Capital Management has signed on to use the hosted, software-as-a-service (SaaS) version of the venerable Portia system to outsource the creation, maintenance and control of overnight workflows and batch jobs, say officials at SS&C Technologies, the financial IT conglomerate that owns Portia. The SaaS… Read More >>
Acadian Signs On for SS&C GlobeOp
Citing the need for a growth strategy, Acadian Asset Management moved its long/short portfolios to fund administrator SS&C GlobeOp last year and has been using the platform’s systems for margin finance management, cash and collateral management, and tri-party reconciliation, according to officials at the firm and at SS&C Technologies. “The appointment followed a detailed search… Read More >>
Ipreo Applies FIX to Fixed Income Workflows
Ipreo Pulls Together an Industry-Led Effort Ipreo, a market intelligence and workflow solutions vendor, is embracing the FIX Protocol to help end-users optimize and streamline fixed income deal workflow. The results of Ipreo’s efforts is the industry-led initiative, the Ipreo Investor Access platform, which has the capability to electronically submit fixed income orders directly to… Read More >>
Daman Investments Deploys SS&C’s APX
Daman Investments PSC, a Dubai-based financial services firm, has deployed the portfolio management system Advent Portfolio Exchange (APX) from SS&C Technologies to streamline operations, and bolster data management and reporting capabilities, according to officials at Daman and SS&C. A private joint stock company launched in 1998, Daman has become a non-bank financial services company known… Read More >>
Russell Investments to Use SS&C for IBOR Push
Asset manager Russell Investments will be using proprietary, integrated systems from SS&C Technologies as the middle office core for an investment book of record (IBOR) that will help the firm’s portfolio managers trading in global markets. The firm, which has $244 billion in assets under management, is expanding its IT support for investment accounting, performance… Read More >>
Boston Trust to Use SS&C’s Outsourcing Services
Outsourcing to Help Boston Trust Stay Competitive Boston Trust & Investment Management Co. (Boston Trust) will be using SS&C Advent Outsourcing Services for software integration, hosting and data management in an effort to bolster its competitiveness and to improve customer service. The implementation will offer SS&C’s suite of portfolio management products in a software-as-a-service… Read More >>
Get Ready for the FTF Awards Edition of FTF Focus
(Editor’s Note: We are putting the finishing touches on the FTF Focus magazine edition that features in-depth coverage of the FTF News Technology Innovation Awards. The annual, special edition, which will be online soon, will feature two industry veterans — Philippe Chambadal, the president of SmartStream voted FinTech Person of the Year, and Bill Stone,… Read More >>
SS&C Appoints Managing Director for Asia
New SS&C MD to Be Based in Hong Kong Windsor, Conn.-based SS&C Technologies Holdings, Inc., a provider of financial services software and software-enabled services, reports the appointment of Rainer Fuchsluger as managing director, Asia, for its institutional and investment management business. He will be responsible for “developing and executing a regional business strategy to leverage… Read More >>
Canadian Firm Shifts Fund Administration to SS&C
Canadian firm, Nicola Wealth Management (NWM), has turned to SS&C Technologies to provide fund administration services for nearly $4 billion in assets under management (AUM) in an effort to bolster productivity and reduce operational risk, NWM officials say. SS&C’s fund administration services such as fund accounting and investor services will support NWM’s 15 funds and… Read More >>
FTF Awards Spotlights Ops Providers and Individuals
Financial Technologies Forum (FTF), owner of FTF News, has just announced the winners of the 2016 FTF News Technology Innovation Awards, noting that it had a record-breaking response with approximately 27,000 votes cast for 25 awards categories. Except for the Editor’s Choice award, the nominees and ultimate winners of the awards are selected by FTF… Read More >>
