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WINDSOR, Conn., July 31, 2012 (GLOBE NEWSWIRE) -- SS&C Technologies (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced the general availability of SS&C GlobeOp's new investor document processing and management solution, e-Investor™, for hedge funds, fund of funds, private equity funds and managed account organizations.
In the alternatives industry, managing paper-based investor transaction documents, such as subscriptions and redemptions, is laborious, time-consuming, and fraught with risk. SS&C GlobeOp's e-Investor provides an electronic workflow solution, including web-based completion of investor documents reducing operational risks, speeding up transaction processing and achieving high levels of data quality and integrity.
In early 2012, a major financial institution deployed SS&C GlobeOp's e-Investor to automate its investor subscription processing. Secure web-based access was granted to its sales force to complete subscription documents online for clients, improving data quality and controls, and providing transparency into the investor activity. This is integrated with SS&C GlobeOp's fulfillment capabilities, which takes real-time feeds from the financial institutions' prospecting system and automatically posts the appropriate documents to a secure website where the prospect can gain access.
"We are excited to offer this robust yet flexible solution to the alternative investments marketplace." said Bill Stone, CEO, SS&C Technologies. "This solution brings automation and web capabilities to the processing of investor transaction documents, regardless of format or content requirements. This greatly reduces the risk of errors or omissions in the processing of these transactions while providing greater visibility into investor activity."
About SS&C Technologies
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. 5,500 financial services organizations, from the worlds' 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.
Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
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