SS&C hits century and a half
03 June 2014 Connecticut
Image: Shutterstock
SS&C Technologies is now supporting 150 customers through the SS&C GlobeOp Regulatory Solutions Group.
The group assists funds of all types with Form PF, the US Foreign Account Tax Compliance Act, the Alternative Investment Fund Managers Directive and other compliance and reporting rules. Recent wins in Q1 2014 take the total number to more than 150 customers and 2,000 funds.
Robert Swan, COO of Lighthouse Partners, said: “We’ve relied on SS&C GlobeOp for fund administration services for many years and using their regulatory services has enhanced our ability to better serve our customers while ensuring compliance with the numerous regulatory changes. This is a critical measure of our success.”
Lighthouse Partners is a global investment manager dedicated to providing innovative solutions to hedge fund investors. Lighthouse currently manages assets of approximately $8 billion.
Neil Berman, CFO of long/short credit manager Claren Road Asset Management LLC, commented: "SS&C GlobeOp has had a major impact in facilitating the regulatory reporting we need to provide. SS&C GlobeOp combines industry experience and cloud-based technology to help us effectively respond to inquiries and navigate compliance."
Growing competition for investors, tighter operating budgets and the need for specialised talent and technology have all been indentified as within the industry as escalating challenges.
Chairman and CEO of SS&C Technologies, Bill Stone, added: “A range of large and mid-sized funds across all strategies are choosing SS&C GlobeOp’s regulatory solutions to help comply with a wide range of industry regulations.”
“In this environment, funds must remain informed and proactive, while maintaining robust compliance and regulatory control. We take a partnership approach with our customers and welcome the input they provide as we continuously deliver class-leading regulatory technology and services.”
The group assists funds of all types with Form PF, the US Foreign Account Tax Compliance Act, the Alternative Investment Fund Managers Directive and other compliance and reporting rules. Recent wins in Q1 2014 take the total number to more than 150 customers and 2,000 funds.
Robert Swan, COO of Lighthouse Partners, said: “We’ve relied on SS&C GlobeOp for fund administration services for many years and using their regulatory services has enhanced our ability to better serve our customers while ensuring compliance with the numerous regulatory changes. This is a critical measure of our success.”
Lighthouse Partners is a global investment manager dedicated to providing innovative solutions to hedge fund investors. Lighthouse currently manages assets of approximately $8 billion.
Neil Berman, CFO of long/short credit manager Claren Road Asset Management LLC, commented: "SS&C GlobeOp has had a major impact in facilitating the regulatory reporting we need to provide. SS&C GlobeOp combines industry experience and cloud-based technology to help us effectively respond to inquiries and navigate compliance."
Growing competition for investors, tighter operating budgets and the need for specialised talent and technology have all been indentified as within the industry as escalating challenges.
Chairman and CEO of SS&C Technologies, Bill Stone, added: “A range of large and mid-sized funds across all strategies are choosing SS&C GlobeOp’s regulatory solutions to help comply with a wide range of industry regulations.”
“In this environment, funds must remain informed and proactive, while maintaining robust compliance and regulatory control. We take a partnership approach with our customers and welcome the input they provide as we continuously deliver class-leading regulatory technology and services.”
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