WINDSOR,
Conn., Dec. 26, 2024 /PRNewswire/
-- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today
announced new Saas releases covering alternative
investment managers, including Geneva, OEMS, Eclipse, and other related
platforms.
"As market leaders, we pride ourselves on our innovative spirit
and dedication to collaborating with clients, providing
purpose-built, scalable solutions. We tailor our releases to the
global marketplace," said Karen
Geiger, Co-General Manager of SS&C Wealth &
Investment Technologies. "The recent advancements in
our alternatives solutions illustrate our commitment
to them to take full advantage of market opportunities."
SS&C Geneva®'s latest release introduces
new enhancements in support of credit, derivatives, and legal
entity and investor accounting. The functionality lets
users efficiently manage loans and transactions in the
new Loan Servicing Workspace. This release also includes the
Investor Fee Builder, enabling clients to configure their fee terms
and apply to different investors.
Other enhancements focus on:
- Swap Financing: The platform now supports Dual Basis
Financing on swaps to calculate separate accruals off notional
market value and notional cost.
- PIK: Clients can now apply separate PIK schedules and
spreads on credit contracts paying at self-defined frequencies
quarterly and monthly cash pay.
- Managed Migrations are introduced to provide Managed
Services clients with a seamless upgrade experience.
- Closed-End Funds: enhancements around GP Location and
Legal Entitles defined in different currencies
- System Performance: enhancements to BIS Reuse and
Geneva's REST API
Eclipse released several new enhancements covering
multi-asset class, front office, interoperability, and
operations:
- Expanded Fixed Income trading: Connectivity to fixed
income platforms, including Tradeweb and Bloomberg
- Asset Class: Expanded asset class coverage, including
improved swap management and native support for MBS, ABS, and
CDS
- Trading Workflows: Simplified workflows with the ability
to merge parent orders directly from the blotter
- Speed to Market: The ability to route orders to the
market faster with up to 20 quick-send buttons available in the
blotter
- Eze Marketplace: An expanded menu of plug-and-play
solutions to bolster the platform's capabilities in risk
management, reporting, data analytics, trade surveillance,
liquidity, and TCA
OEMS focused on multi-asset and fixed-income
support, automated trading, trade synchronization, and modeling.
Notable enhancements include:
- Multi-Asset OMS: A new enhanced trade matching blotter
for fixed income and options, improved FX swaps support for
allocation processing and enhanced interest rate swap trade
management
- Fixed Income EMS: Users can now view the best execution
details for unsolicited trades. Improved alerting for fixed income
unsolicited fills from liquidity vendors and support for fractional
pricing for bond futures limit orders in algo trading
- Automated Trading: Automated Trading rules for fixed
income orders and updated Automated Trading routing approval
message
- Modeling: Model by underlying exposure, dirty price, and
delta-adjusted exposure
About SS&C Technologies
SS&C is a global provider of services and software for the
financial services and healthcare industries. Founded in 1986,
SS&C is headquartered in Windsor,
Connecticut, and has offices around the world. Some 20,000
financial services and healthcare organizations, from the world's
largest companies to small and mid-market firms, rely on SS&C
for expertise, scale, and technology.
Additional information about
SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
Follow SS&C on Twitter, Linkedin and Facebook.
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SOURCE SS&C