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TheStreet Open House

China Life Insurance Co. (Taiwan) Upgrades Its Operations Platform With Newest Version Of SS&C PORTIA

WINDSOR, Conn., Sept. 30, 2013 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, is pleased to announce that China Life Insurance Co. Ltd (Taiwan) has upgraded its operations to the latest release of SS&C PORTIA, a leading middle-to-back office investment operations platform.

"SS&C PORTIA has been an integral part of our portfolio management process for a number of years," said Robert C.H. Chen, Senior Executive Vice President, China Life Insurance Co. Ltd. (Taiwan). "Using the latest version of SS&C PORTIA allows us to take advantage of numerous new features, such as enhanced security and audit capabilities and technological advancements. With this new functionality, we can further streamline our processes and workflows to better serve our clients."

"We are excited to see China Life utilizing our latest release to enhance their organization's operational efficiency," said Christy Bremner, Senior Vice President and General Manager, SS&C PORTIA. "By continuing to add new functionality to our solutions and providing best-in-class support on a global basis, we build true partnerships with clients that help them maximize the benefits of their investment in SS&C PORTIA."

SS&C PORTIA provides a broad set of middle-to-back office capabilities to allow investment managers to track and manage the day-to-day activity in investment portfolios to support global accounting requirements. Offered on a deployed and hosted basis, the solution supports a wide range of functions including corporate action processing, internal reporting, client reporting, regulatory reporting, performance measurement and attribution and post trade compliance.

About China Life Insurance Co. Ltd. (Taiwan)

China Life provides various insurance products and services in Taiwan. Founded in 1963, China Life is headquartered in Taipei. To fulfill the demand of their valuable clients at different stages, the company has been operating with its effective business strategies, professional teams and structured risk management systems. In addition, China Life values the importance of corporate social responsibility and advocates "building values for our client, shareholders and staff, to continue to be the most credible and reliable insurance arm" as their core mandate.

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