SS&C Technologies
31.05.2011 10:00
---------------------------------------------------------------------------
Supports Future Growth With Enterprise Reconciliation Platform
WINDSOR, Conn., 2011-05-31 10:00 CEST (GLOBE NEWSWIRE) --
SS&C Technologies (Nasdaq:SSNC), a global provider of investment and financial
software-enabled services and software, today announced that Veritas Asset
Management, a London-based independent investment company, has gone live on
Recon? to improve operational efficiency and support growth.
SS&C's Recon helped Veritas eliminate time-consuming, error-prone manual
spreadsheets and provide accurate reconciled data across its operations. A
point that influenced Veritas was Recon's sophisticated exception management
capabilities which will support the company's future growth and control
operational risk, without adding additional staff.
'SS&C's Recon has revolutionised our reconciliations process and given us the
tools to improve efficiency in our operation whilst we continue to experience
significant growth in our business,' said James Spence, Investment Operations
Manager, Veritas Asset Management. 'What impressed me most were SS&C's
personnel and their understanding of our business. We worked closely with the
team at SS&C to map out our reconciliation processes and tailor Recon for our
company; this partnership approach was essential in helping make this such a
successful project.'
'We would like to welcome Veritas to our blue chip roster of hedge funds and
investment management clients and are pleased that we were able to help them
streamline their operations,' said David Reid, Senior Vice President and
Managing Director, International, SS&C Technologies. 'Reducing operational risk
for our clients while meeting their demands for a customized platform and
providing a high level of industry and technology expertise is an integral part
of SS&C.'
About Veritas Asset Management
Veritas Asset Management is an independent specialist investment boutique with
a key objective of delivering long term real returns to its investors.
Established in 1993, the company has a 16 year top class track record in
investing and private client services. Veritas aligns its interests with
clients' objectives and is committed to partnership.
Veritas Asset Management (UK) Ltd and Veritas Asset Management AG are
wholly-owned subsidiaries of The Real Return Group, which is 100% owned by
management and employees and operates with a partnership culture. Stewart
Newton is Chairman of The Real Return Group, Charles Richardson is Chief
Executive of Veritas UK and Anthony Rosenfelder is Managing Director of Veritas
AG. Veritas has offices in London, Zurich and Hong Kong and has [Pounds]4.5
billion
total assets under management. Veritas manages segregated portfolios and funds,
with either long-only or long-short real return mandates. Investors include
institutions, charities, trusts and private clients.
Veritas Asset Management (UK) Limited is authorised and regulated by the
Financial Services Authority, firm number 185576. For more information please
contact: Richard Meyrick, Veritas Asset Management, 020 7961 1443,
rmeyrick@veritas-asset.com or visit us at www.veritas-asset.com.
About SS&C Technologies
Celebrating its 25th year, SS&C is a global provider of investment and
financial software-enabled services and software focused exclusively on the
global financial services industry. Founded in 1986, SS&C has its headquarters
in Windsor, Connecticut and offices around the world. 5,000 financial services
organizations, from the world's largest to local financial services
organizations, manage and account for their investments using SS&C's products
and services. These clients in the aggregate manage over $16 trillion in
assets.
The SS&C Technologies Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7358
Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
Follow SS&C on Twitter at @ssctechnologies.
CONTACT: Patrick Pedonti
Chief Financial Officer
Tel: +1-860-298-4738
E-mail: InvestorRelations@sscinc.com
News Source: NASDAQ OMX
31.05.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: SS&C Technologies
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901258254
WKN:
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
DGAP-News: Veritas Asset Management Goes Live With SS&C's Recon(TM)
| Source: EQS Group AG