Latest news with #SS&CTechnologies
Yahoo
3 days ago
- Business
- Yahoo
SS&C Technologies integrates wealth offerings into single platform
SS&C Technologies Holdings has introduced SS&C Black Diamond Wealth Solutions, consolidating various wealth management functions into one integrated platform. The solution aims to cater to the needs of wealth managers by simplifying their technology and operational requirements. The suite is currently employed by over 3,000 firms and supports more than 800,000 active users, overseeing assets that exceed $3.6tn. It encompasses several features such as a centralised system for portfolio management and reporting, as well as tools for handling alternative investments. Its Client Portal, which ensures secure communication and facilitates integration with third-party services, accessible both through web and mobile interfaces. The suite also includes customer relationship management (CRM) capabilities that assist in prospecting, managing client relationships, and tracking activities. For trust and retirement planning services, the suite offers accounting, reporting, and the administration of benefits payments. Furthermore, the suite provides Investment Management features, including the creation of investment proposals, a marketplace for investment models, and outsourced chief investment officer (OCIO) services. Trading & Rebalancing tools are also included by assisting in executing trades and maintaining tax-efficient portfolio alignment. The suite is rounded out with Business Intelligence & Billing, which delivers insights into practice analytics and manages revenue. SS&C Technologies Wealth and Investment Technologies co-general manager Steve Leivent said: "SS&C Black Diamond Wealth Solutions gives firms a truly integrated experience without the friction of working across separate systems. 'Advisors can now manage the full client lifecycle from one ecosystem, with seamless data flow, automated workflows, and enhanced insights.' In February, SS&C Technologies expanded its alliance with LPL Financial Holdings, which will now incorporate SS&C's ALTSERVE platform to improve its alternative investment offerings. "SS&C Technologies integrates wealth offerings into single platform " was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
5 days ago
- Business
- Yahoo
Wesleyan Extends Relationship with SS&C to Help Transform Back-Office Operations
WINDSOR, Conn., August 04, 2025--(BUSINESS WIRE)--SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a long-term agreement with Wesleyan Assurance Society ("Wesleyan"), a financial services mutual, to deliver life and pensions administration services to its members and customers. This announcement builds on Wesleyan's selection of SS&C earlier this year. Following a competitive tender process, the firm will implement SS&C Hubwise as the foundation of WesInvest, the mutual's new digital-first wealth management platform. The platform is designed to broaden the range of investment and retirement products available to Wesleyan's specialist financial advisers and their clients, while offering an enhanced, modern user experience. As part of the new agreement, Wesleyan will transition life and pensions administration to SS&C, creating a single, modern ecosystem across investment, retirement, and protection services. More than 200 Wesleyan team members will transfer to SS&C, preserving deep expertise and ensuring continuity of service. Wesleyan's policy administration systems provided by Sapiens will be upgraded and migrated to SS&C's secure private cloud infrastructure, streamlining operations and enabling continuous technology upgrades and intelligent automation. SS&C will provide a single customer service model covering the new WesInvest customers and existing life and pensions customers. "SS&C has been a trusted partner for more than 20 years," said Mario Mazzocchi, Chief Executive Officer at Wesleyan. "This latest collaboration will enable us to best serve our customers' needs as market demands evolve. SS&C's intelligent automation technology will help provide our life and pensions clients with an enhanced, digital experience." "Wesleyan represents a significant relationship for SS&C, and we are pleased to have them as a customer," said Bill Stone, Chairman and CEO of SS&C Technologies. "We are excited to welcome Wesleyan's team and support the digital transformation of their life and pensions operations. We look forward to working together to achieve operational efficiencies and support leading-edge customer experiences." About Wesleyan Wesleyan is a mutual founded in Birmingham in 1841. Wesleyan also provides access to its flagship With Profits Fund via the intermediary advice sector. The Wesleyan Group has £7.6 billion of assets under management as at 31 December 2024. About SS&C Technologies SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology. Additional information about SS&C (Nasdaq: SSNC) is available at Follow SS&C on X, LinkedIn and Facebook. View source version on Contacts Brian SchellChief Financial OfficerSS&C TechnologiesTel: +1-816-642-0915E-mail: InvestorRelations@ Justine StoneInvestor RelationsSS&C TechnologiesTel: +1-212-367-4705E-mail: InvestorRelations@ Media ContactsSam GentileTel : +1-646-818-9195Email : pro-SSC@ Wesleyan Press Office: 07384 795544
Business Wire
5 days ago
- Business
- Business Wire
Wesleyan Extends Relationship with SS&C to Help Transform Back-Office Operations
WINDSOR, Conn.--(BUSINESS WIRE)-- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a long-term agreement with Wesleyan Assurance Society ('Wesleyan'), a financial services mutual, to deliver life and pensions administration services to its members and customers. This announcement builds on Wesleyan's selection of SS&C earlier this year. Following a competitive tender process, the firm will implement SS&C Hubwise as the foundation of WesInvest, the mutual's new digital-first wealth management platform. The platform is designed to broaden the range of investment and retirement products available to Wesleyan's specialist financial advisers and their clients, while offering an enhanced, modern user experience. As part of the new agreement, Wesleyan will transition life and pensions administration to SS&C, creating a single, modern ecosystem across investment, retirement, and protection services. More than 200 Wesleyan team members will transfer to SS&C, preserving deep expertise and ensuring continuity of service. Wesleyan's policy administration systems provided by Sapiens will be upgraded and migrated to SS&C's secure private cloud infrastructure, streamlining operations and enabling continuous technology upgrades and intelligent automation. SS&C will provide a single customer service model covering the new WesInvest customers and existing life and pensions customers. 'SS&C has been a trusted partner for more than 20 years,' said Mario Mazzocchi, Chief Executive Officer at Wesleyan. 'This latest collaboration will enable us to best serve our customers' needs as market demands evolve. SS&C's intelligent automation technology will help provide our life and pensions clients with an enhanced, digital experience.' 'Wesleyan represents a significant relationship for SS&C, and we are pleased to have them as a customer,' said Bill Stone, Chairman and CEO of SS&C Technologies. 'We are excited to welcome Wesleyan's team and support the digital transformation of their life and pensions operations. We look forward to working together to achieve operational efficiencies and support leading-edge customer experiences.' About Wesleyan Wesleyan is a mutual founded in Birmingham in 1841. Wesleyan also provides access to its flagship With Profits Fund via the intermediary advice sector. The Wesleyan Group has £7.6 billion of assets under management as at 31 December 2024. About SS&C Technologies SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology. Additional information about SS&C (Nasdaq: SSNC) is available at
Business Wire
30-07-2025
- Business
- Business Wire
Western & Southern Selects SS&C Singularity to Modernize Investment Accounting
WINDSOR, Conn.--(BUSINESS WIRE)-- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced Western & Southern Financial Group has selected SS&C Singularity to enhance the investment accounting and reporting of its general account assets and optimize the operations of its internal investment manager, Fort Washington Investment Advisors. 'We are pleased to welcome Western & Southern to our growing community of large life insurance clients leveraging Singularity as their investment accounting platform for the future,' said Christy Bremner, Senior Vice President, SS&C Technologies. Share Founded in Cincinnati in 1888, Western & Southern Financial Group is the parent company of a group of diversified financial services businesses, including seven leading life insurance subsidiaries. The company was looking for a comprehensive solution with an integrated Accounting Book of Record (ABOR) and an Investment Book of Record (IBOR) to support the complex requirements of both its life insurance and investment management entities. 'We look forward to a long-term strategic partnership with SS&C to help optimize the way we account for and report on our diverse portfolio of public and private investments,' said Wade Fugate, Controller for Western & Southern. 'SS&C's cloud-based platform will bring standardization and efficiencies to our operating model, with the flexibility to tailor the Singularity software to meet our unique requirements. SS&C's deep insurance expertise, high-touch support and services align well with our current and future business objectives.' 'We are pleased to welcome Western & Southern to our growing community of large life insurance clients leveraging Singularity as their investment accounting platform for the future,' said Christy Bremner, Senior Vice President, SS&C Technologies. 'We are committed to supporting insurers' evolving needs through technology innovation and expert services.' About SS&C Technologies SS&C is a global provider of services and software for the financial services, insurance and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services, insurance and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology. Additional information about SS&C (Nasdaq: SSNC) is available at Founded in Cincinnati in 1888 as The Western and Southern Life Insurance Company, Western & Southern Financial Group, Inc., is the parent company of a group of diversified financial services businesses. Its assets owned ($84.8 billion) and managed ($42.1 billion) totaled $126.9 billion as of June 30, 2025. 1 Western & Southern is one of the strongest life insurance groups in the world. Learn more at
Finextra
25-07-2025
- Business
- Finextra
SS&C acquires funds network Calastone in $1bn deal
Investment funds processing network Calastone has been bought by US-based funds servicing firm and software vendor SS&C Technologies in a deal worth £776m ($1.03bn). 1 This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. With more than 4,500 financial organisations as clients, Calastone, founded in 2007, considers itself to be the lagest network for investment funds. SS&C provides fund administraiton services to asset managers. According to the announcement, the two companies plan to build a "unified, real-time platform aimed at reducing cost and complexity across fund operations". The sale comes five years after Calastone welcomed private equity firm Carlyle Group as a majority shareholder, a deal that funded Calastone's expansion efforts and moves into other areas such as ETF processing and tokenisation. 'SS&C's global scale and deep expertise across fund services and technology will enable us to accelerate innovation and deliver new digital capabilities to the market," said Calastone CEO Julian Hammerson. "We look forward to working together to deliver transformational services to asset and wealth managers and drive growth. I am immensely grateful to the entire Calastone team for their dedication and to our clients for their continued trust.' 'Calastone has built an impressive network and platform, and together we will create a more connected, automated and intelligent global fund ecosystem," added SS&C chairman and CEO Bill Stone. "This combination reinforces our commitment to delivering innovative, scalable solutions to reduce complexity and enhance outcomes for the asset and wealth management industry.' The deal is expected to close in Q4 2025. Barclays acted as Calastone's financial advisor for the transaction, while legal counsel was provided by Linklaters and Mishcon De Reya.
