SS&C Technologies has released an upgrade to its PORTIA platform, improving flexibility and helping back and middle offices to account for increasingly diverse country-specific requirements.
The software is used for supporting corporate action processing, client and regulatory reporting, measurements and compliance. New features allow clients to configure the service to meet the requirements of their own jurisdiction.
Christy Bremner, senior vice president and general manager at SS&C Technologies, said: “SS&C PORTIA provides substantial new functionality to assist asset managers implement multiple accounting bases and support accounting requirements that vary by country or region.”
PORTIA can also help clients with tracking fees, accounting for costs and defining the rules applicable to individual companies.
Bremner added: “Customers are upgrading to take advantage of the functional benefits to improve the efficiency and quality of their accounting operations.”
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