WINDSOR, Conn., Aug. 15, 2013 (GLOBE NEWSWIRE) -- SS&C Technologies (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced SS&C GlobeOp has expanded its current European presence with a new Luxembourg office. SS&C GlobeOp supports diverse fund structures across multiple domiciles and jurisdictions and has expertise in traditional and alternative investment vehicles.
Asset growth of funds domiciled and/or administered in Luxembourg grew more than 16 percent in the past 12 months to $2 584,099 bn assets under management, according to the Association of the Luxembourg Fund Industry (ALFI). SS&C GlobeOp's Luxembourg office offers fund administration and middle-to-back office services, including fund accounting and reporting, share registry and transfer agency services, and investor communications. Managed account platforms, UCITS funds and SIFs are supported with independent portfolio and over-the-counter (OTC) derivative valuations, integrated risk analytics and aggregated web-based reporting.
"Luxembourg is an important market for our existing and future hedge fund, private equity and fund of hedge fund clients. Opening a full service office there is an integral part of our expansion strategy into additional domiciles to be closer to our clients and service them on the ground," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "In addition to offering the quality and scope of sophisticated services and technology to funds, we will leverage our Luxembourg team, led by Nick Curwen, drawing expertise from our network globally and locally."
Luxembourg's office address: SS&C GlobeOp (Luxembourg) Sarl,15 Rue Edward Steichen, L-2450 Luxembourg, Luxembourg. Telephone: (+352) 26 75 7201; Fax: (+352) 26 75 7011.
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 5,500 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.
CONTACT: Patrick Pedonti Chief Financial Officer Tel: +1-860-298-4738 E-mail: InvestorRelations@sscinc.com Media Contacts Rhiannon Davies Metia (UK) Tel: +44 (0)20 3100 3508 Email: firstname.lastname@example.org Kelly Holman BackBay Communications (US) Tel: +1 212-520-1385, ext. 4 Email: email@example.com
|Sandell Asset Management Selects SS&C GlobeOp to Provide Fund Administration, Risk and Regulatory Support (2013/10/24)|
|SS&C GlobeOp Brings Voice Recognition to Its Fund Administration App ()|
|Signet Management Appoints SS&C GlobeOp for Its New Platform ()|
|ILS Capital Management Selects SS&C GlobeOp for ILS Services (2013/11/13)|
|SS&C Technologies Joins IPC'S Connexus Extranet Service To Deliver Electronic Trading Solutions To Global Market Participants ()|
|Deutsche Bank Strengthens Fund Services Sales Team in the Americas (2013/9/17)|
|Prologis Raises 450 Million Euro ($610 Million) for Prologis European Properties Fund II (2013/10/1)|
|Global Prime Partners and Liquid Holdings Group to Deliver Comprehensive Cloud-Based Platform to Emerging European Hedge Fund Managers (2013/10/3)|
|FIS Gets Motor Funding Services Rolling with Comprehensive Back Office Services (2013/10/28)|
|Evoke Pharma Strengthens Executive Team With Appointments of Chief Medical Officer and Senior Director of Clinical Operations (2013/12/2)|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.