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SS&C's New Release of SS&C PORTIA Helps Asset Managers With Global Accounting Operations
Nov 04, 2014

WINDSOR, Conn., Nov. 4, 2014 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, is pleased to announce the latest release of SS&C PORTIA, a leading middle-to-back office investment operations platform.

SS&C PORTIA's global and diverse client base increasingly need to localize accounting operations to meet country-specific requirements and regulations including GAAP and IFRS accounting standards. The latest release has improved the flexibility of its calculation and posting rules, enabling asset managers to support an unlimited number of accounting bases to meet these unique operational requirements.

SS&C PORTIA provides greater flexibility and configurability to help customers account for costs, track fees, define posting rules and address other unique accounting requirements. Enhanced reporting tools provide transparency into regional accounting practices and address regulatory requirements.

"SS&C PORTIA provides substantial new functionality to assist asset managers implement multiple accounting bases and support accounting requirements that vary by country or region," said Christy Bremner, Senior Vice President and General Manager, SS&C. "Customers are upgrading to take advantage of the functional benefits to improve the efficiency and quality of their accounting operations."

SS&C PORTIA provides a broad set of middle-to-back office capabilities to enable investment managers to track and manage the day-to-day activities in investment portfolios to support global accounting requirements. Offered on a deployed and hosted basis, the solution supports a wide range of functions including corporate action processing, internal reporting, client reporting, regulatory reporting, performance measurement and attribution and post-trade compliance.

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. Some 6,900 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $26 trillion in assets.

Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.

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CONTACT: For more information



         Patrick Pedonti

         Chief Financial Officer

         Tel: +1-860-298-4738

         E-mail: InvestorRelations@sscinc.com



         Justine Stone

         Investor Relations Coordinator

         Tel: +1- 212-367-4705

         E-mail: InvestorRelations@sscinc.com



         Media Contacts

         

         Caroline Beer

         Metia (UK)

         Tel. +44 (0)20 3100 3796

         Email: ss&c@metia.com

         

         Kelly Holman

         BackBay Communications (US)

         Tel: +1 212 520 1385, ext. 4

         Email: ss&c@metia.com

Categories: Press Releases
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Patrick Pedonti 
Chief Financial Officer, SS&C Technologies 
Tel: 1-860-298-4738 
E-mail: InvestorRelations@sscinc.com

Justine Stone Investor, Relations, SS&C Technologies
Tel: 1- 212-367-4705
E-mail: InvestorRelations@sscinc.com

Media Contacts 
Sean Welch 
PAN Communications
Tel: (407) 734-7330
E-mail: ssc@pancomm.com