SS&C HiPortfolio and Anova Continue Momentum in First Half of 2015
SS&C Technologies Holdings, Inc. ("SS&C") (Nasdaq: SSNC), a leading global provider of financial services software and software-enabled services, today announced continued growth for SS&C HiPortfolio and Anova among both new and existing customers globally since its acquisition of DST Global Solutions in December 2014. During the past eight months, SS&C HiPortfolio and Anova have achieved numerous milestones including 16 percent year over year growth, nearly twenty key customer acquisitions, and solution integration.
Key wins in Q2 of 2015 include the selection of Anova by a leading South African asset manager and the global wealth management business of one of the world's largest banks. SS&C is seeing particular growth across Asia and Africa, in both established and emerging markets, and is continuing to expand its footprint in Australia, Western Europe and the Americas.
"We've been impressed with the DST Global Solutions' team who have brought SS&C HiPortfolio and Anova to new heights since we closed on the acquisition in 2014," said Bill Stone, SS&C Chairman and Chief Executive Officer. "Adding SS&C HiPortfolio and Anova to our existing portfolio of cloud-based software and outsourcing services has brought us further strength and depth in supporting the full investment lifecycle for global investment and wealth management firms."
Following the acquisition, SS&C HiPortfolio and Anova solutions have been integrated with SS&C's world-class solutions for cloud-based reporting, performance measurement and attribution, market data, and more. Globally, customers have benefited from the seamless integration of solutions. Trustees Executors Limited (TEL), the largest third party administrator in New Zealand and long-time SS&C HiPortfolio customer, chose SS&C's enterprise reporting and portal solution. SS&C will support reporting for TEL's wholesale custodial and investment accounting clients with more than $19 billion of assets under administration.
SS&C HiPortfolio, an investment management and fund accounting platform, and SS&C Anova, an investment data management and analytics platform, complement SS&C's existing portfolio of investment management cloud-based technology capabilities and service offerings.