SS&C reports 35 new Canadian contracts in 2014 13 March 2015Windsor, CT Reporter: Stephanie Palmer
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SS&C signed 35 new customers in Canada last year, meaning that it now serves more than 350 clients in the country with its software and market data services.
The new contracts included signings on to SS&C’s wealth management platform, fund administration services and reconciliation software, as well as its post-trade communication networks and client reporting software.
New clients include Canadian tier-one banks. SS&C helps them to streamline their investment management operations, allowing them to focus on growth, new strategies and regulatory compliance.
Eric Rocks, vice president and managing director of SS&C Canada, said: “Changes in the regulatory landscape including CRM2 and T+2 planning, along with the increasingly competitive landscape, is driving Canadian investment firms to future-proof their investment operations and focus on growth.”
He added: “Our success is based on our proven ability to help customers realise significant, measurable gains by delivering sophisticated and scalable technology solutions and industry expertise. Our Canadian customers cover the range of investment management, from private wealth managers, institutional asset managers to hedge funds and private equity.”
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