European-Based Fund Manager Expands Relationship With SS&C GlobeOp
SS&C Technologies (Nasdaq:SSNC), a global provider of investment and financial software-enabled services and software, today announced Signet Management has successfully launched five managers on the Signet High Income Series platform, administered by SS&C GlobeOp.
Signet High Income Series is a platform of liquid and geographically-focused high-income bond portfolios, which are actively managed by leading independent fixed income specialists. Under the terms of the agreement, SS&C GlobeOp will provide administration services and middle/back office support for all managers on the platform, as well as, comprehensive risk compliance services.
"We have been a client of SS&C GlobeOp for many years and the decision was easy to expand this relationship with our new platform," said Robert Marquardt, Founder & Co-Head of Investment Management, Signet Investment Management. "SS&C GlobeOp's expertise in regulatory issues affecting the alternative industry combined with their leading edge technology enables us to focus on our core competency."
"We are delighted that Signet has continued to grow and expand our partnership as it launches this exciting new platform," said David Reid, Senior Vice President and Managing Director, International, SS&C Technologies. "We continue to enable our partners to become early adaptors of our industry best practices while leveraging our technology platform to overcome challenges with regulatory change including AIFMD, FATCA and UCITS."