SS&C Technologies: Financial Services Software
There are many IT solutions companies out there providing various kinds of services. Some are willing to offer almost any kind of service that they can manage to perform. Other companies follow a more focused line. One of these focused and successful companies is SSS&C Technologies, Inc. The firm offers mission-critical software and software-enabled services for the global financial services industry.
William C. Stone founded SS&C in 1986. He took the company public in 1998. The firm in November 2005 was acquired by entities connected with The Carlyle Group and became a private company again. On March 31, 2010, SS&C Holdings became a public company again as it began trading on the NASDAQ Global Select Market under the ticket symbol “SSNC”. William C. Stone has been the firm’s Chairman of the Board and CEO since the firm’s founding.
SS&C since 1995 has acquired 37 businesses with products, services and/or technologies in existing or complementary vertical markets. The firm uses a disciplined and highly focused acquisition strategy to increase the breadth and depth of its product and service offerings and capitalize on evolving market opportunities.
SS&C is headquartered in Windsor, Connecticut and has over 4,000 employees all over the world. The firm has offices across North America, Asia Pacific, and Australia.
The firm provides the global financial services industry with a wide array of highly specialized software, software enabled-services and software as a service (SaaS) solutions for operational excellence. SS&C delivers mission-critical processing for information management, analysis, trading, accounting, reporting, and compliance. The firm’s clients manage in aggregate more than $26 trillion in assets.
SS&C provides solutions for various industries in the financial sector. One of these industries is Alternative Investments. The firm is a leading independent provider of fund administration services for Hedge Funds, Funds of Funds, Private Equity Funds and Managed Account Managers. It also offers back office software, middle office software, and front office software for Alternative Investment Managers.
Other industries it provides solutions to include Asset Management, Insurance & Pension Funds, Real Estate & Property Management, Commercial Lending, Financial Institutions, and more.