SS&C Launches Cloud-Based Transparency Platform and Mobile Apps for Alternative Asset Managers

/ Source: GlobeNewswire

WINDSOR, Conn., June 9, 2011 (GLOBE NEWSWIRE) -- SS&C Technologies (Nasdaq:SSNC), a global provider of investment and financial software-enabled services and software, today unveiled its cloud-based portal, SSCFundServices.com and related mobile applications for more than 300 attendees at the NASDAQ Stock Exchange in New York City.

SS&C's "SSCFundServices.com" self-service client portal, along with its mobile applications, is one of the first mission-critical, on-the-go, fund administration platforms. Access is available to customers of SS&C's global fund administration service including hedge funds, fund of funds, private equity and managed accounts clients. The portal provides real-time access to alternative investment portfolios, risk reports, profit and loss visualization, order management and trading, performance attribution, heatmaps functionality, fund of funds liquidity, accounting books and records, investor subscription and redemption workflow and more.

"We wanted to create an engine that provides clients the ability to determine what types of information relating to their funds is most important to them and obtain access to that information on the web or on mobile devices," said Rahul Kanwar, Senior Vice President and Managing Director of SS&C's Alternative Assets business. "Our new cloud-based portal empowers users to simply and intuitively receive critical data on a continuous basis regardless of whether they are in the office or on the go."

"In today's environment where much of a Fund's mission critical data resides with the administrator, it is important to our customers and their investors to be able to tap into and analyze that data on demand," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "We have some of the best talent in the industry to drive our portal and mobile offering and look forward to continuing to innovate and deliver more value to our customers."

About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. 5,000 financial services organizations, from the world's largest to local financial services organizations, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $16 trillion in assets.

Additional information about SS&C (Nasdaq:SSNC) is available at .

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CONTACT: Patrick Pedonti Chief Financial Officer Tel: +1-860-298-4738 E-mail: InvestorRelations@sscinc.com