Multi-Billion Dollar Asset Manager Meets August Deadline
SS&C Technologies (NASDAQ: SSNC), a global provider of financial services software and software-enabled services, today announced Ares Management LLC, a multi-billion dollar asset manager, successfully completed its initial filing of Form PF in line with the August deadline, using SS&C GlobeOp’s Form PF reporting solution.
“The filing was a culmination of months of planning, data extraction and coordination that involved individuals from throughout the organization working together and, most importantly, working with our filing partner, SS&C GlobeOp,” said a spokesperson for Ares Management LLC. “Form PF is one of the more significant regulatory reporting requirements the asset management industry has seen to date, and SS&C GlobeOp’s full service offering, including technology and subject matter expertise was integral to successfully meeting the requirements. From our perspective, using SS&C GlobeOp was a great example of leveraging an external partner for their expertise and allowing us to focus on our core capabilities.”
“We are very pleased to partner with Ares. Our expertise in Form PF and demonstrable functional services and technology leadership put SS&C GlobeOp ahead of the pack,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “In keeping with our practice of continuously growing to meet regulatory and customer needs, SS&C GlobeOp has developed an understanding of Form PF from business process and technology perspectives quite early. We are then able to offer customers the ability to leverage our expertise and technology.”