SS&C Awarded Fund Administration Contract
Windsor, Conn - 30 September 2010
Independent Fund Administrator Selected to Administer New Managed Account Platform
SS&C Technologies (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced that SS&C Fund Services has been selected by a new managed account platform commissioned by E.I.M. S.A., a Swiss-based Fund of Funds manager with several billion USD assets under management, to provide fund accounting and fund administration services.
After an extensive search by E.I.M. S.A., SS&C Fund Services was appointed based on their independence, extensive managed account administration expertise, robust technology platform and professional services.
"Many leading asset managers are increasingly looking to diversify their product and service offerings, such as managed account platforms, and clients are turning to SS&C for our fund administration expertise," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies Holdings, Inc. "We've found clients that use our independent fund administration services benefit from better service, faster implementation times, predictable monthly fees and better transparency. Clients take comfort from knowing the full support of SS&C industry and technology experts are always there."