This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Investment Administration Services Selects SS&C's Global Wealth Platform

WINDSOR, Conn., Aug. 21, 2012 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced Investment Administration Services (IAS) has renewed its strategic relationship with SS&C through the use of SS&C's Global Wealth Platform™ to support its managed account business.

A client since 2004, IAS' continued use of SS&C's Global Wealth Platform confirms the Platform's ability to deliver managed account functionality to Australian wealth managers.

"SS&C's superior technology, proven track record, and service excellence are the primary reasons we chose to continue partnering with SS&C and its Global Wealth Platform." said Phillip Thomas, CEO, IAS. "At IAS we have been adding clients to our administration business at a rapid rate, and we rely heavily on technology to do so efficiently and profitably. Global Wealth Platform gives us an edge in terms of instrument coverage, scalability and the level of automation we require to support us in expanding our managed accounts client base. SS&C has been, and will continue to be, a strong strategic partner for IAS."

"IAS and SS&C enjoy a long standing relationship and we are pleased to continue to provide comprehensive services and software to the IAS organization," said Phil Banas, Managing Director, Australia, SS&C Technologies. "Australia's wealth management requirements can be challenging for overseas firms and many global software providers have had their plans and dreams dashed on the rocks of Australia's capital gains tax and imputation credits. Too many international firms come to Australia with great fanfare, win a handful of clients, and then quietly close their office as soon as the going gets tough. SS&C has had a continuous, on-the-ground presence in Australia for 12 years now. We have the best software and the best people and we continue to expand profitably."

Stock quotes in this article: SSNC 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,424.85 +162.29 1.00%
S&P 500 1,862.31 +19.33 1.05%
NASDAQ 4,086.2250 +52.0640 1.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs