SS&C Technologies (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced that a growing number of clients use its Syndicated Bank Loans technology platform and software-enabled services for investment managers.
SS&C has signed more than twenty large investment managers across fifty funds focused on trading or investing in leveraged loans spanning 1,500 unique loan facilities with combined US $15 billion assets under management.
"Since its release, the new integrated Syndicated Bank Loans processing software and related software-enabled services has generated interest and provides the support needed to manage this complex asset class without having to rely on spreadsheets or specialty systems which make it more difficult to control your investment and reporting processes," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies Holdings, Inc. "We've added over 20 clients internationally to date and continue to see interest from clients and prospects."
SS&C will be exhibiting at the LSTA (Loan Syndications and Trading Association) 15th Annual Conference on October 13, 2010 at the Hilton hotel, New York City. Please visit Booth #17 for a demonstration of SS&C's syndicated loan processing technology.