SS&C Technologies Unveils Game-Changing SaaS Updates for Alternative Investments!
**WINDSOR, Conn. –** Get ready to elevate your investment game! SS&C Technologies Holdings, Inc. has just dropped some exciting updates to its software-as-a-service (SaaS) offerings, designed specifically for alternative investment managers. With enhanced capabilities across its platforms—Geneva, OEMS, and Eclipse—these updates are set to revolutionize efficiency in managing credit, derivatives, and investor accounting on a global scale.
Let’s dive into the latest and greatest! The Geneva® platform now features a brand-new Loan Servicing Workspace, making loan and transaction management smoother than ever. Say goodbye to complex fee structures with the new Investor Fee Builder, which allows clients to easily configure and apply fee terms tailored to different investors. And that’s not all—enhancements include support for Dual Basis Financing on swaps, distinct PIK schedules for credit contracts, and performance optimizations like BIS Reuse and upgrades to Geneva’s REST API.
The Eclipse platform is also getting a major facelift! Its upgraded features now embrace multi-asset class trading, linking seamlessly with fixed income platforms like Tradeweb and Bloomberg. Swap management has never been easier, plus the platform now supports MBS, ABS, and CDS natively. Say hello to simplified trading workflows, complete with quick-send buttons for lightning-fast order routing. Plus, the expanded Eze Marketplace is packed with solutions ranging from risk management to transaction cost analysis (TCA).
But wait—there’s more! The OEMS updates put the spotlight on multi-asset and fixed-income support. Enjoy a revamped trade matching blotter for fixed income and options, improved FX swaps support for allocation processing, and enhanced management for interest rate swaps. Now, with improved alerting and support for fractional pricing on bond futures limit orders, you can dominate algorithmic trading like a pro. Automated trading rules have also been fine-tuned for fixed income orders, and new modeling capabilities allow for underlying exposure, dirty price, and delta-adjusted exposure.
SS&C Technologies has been a trailblazer in providing innovative services and software for the financial and healthcare industries since 1986. Their unwavering commitment to collaboration and client-focused innovation shines through in this latest rollout, ensuring they meet the ever-evolving needs of alternative investment managers and the larger financial industry.
And there’s more good news! In its recent third-quarter earnings call, SS&C Technologies announced a record adjusted revenue of $1,466.8 million—up 7.3% from last year—and a remarkable 10.3% increase in adjusted diluted earnings per share to $1.29. With an impressive operating cash flow soaring 39% to $336.6 million, the company is projecting a robust 4% to 8% organic growth outlook for 2025, with a keen focus on bolstering its sales force and product development!
Meanwhile, Western Union also made headlines with a robust $1.040 billion revenue for Q3 2024, marking a solid 1% growth in adjusted revenue. Their digital transactions surged by 15%, and the Consumer Money Transfer segment saw a 4% increase in transactions. As Western Union amps up its digital strategy with strategic acquisitions in Singapore and Mexico, it’s well on track with its Evolve 2025 strategy, aiming for a 2% revenue growth by 2025.
In additional exciting news, SS&C Technologies has extended its partnership with Omnis Investments Limited, a key player in the U.K. asset management scene with over GBP10 billion under management. This renewed transfer agency relationship will continue to support Omnis’s impressive suite of mutual funds. Plus, RBC Capital Markets has spotlighted its top investment ideas for fiscal year 2025, featuring heavyweights like Fiserv, SS&C Technologies, FIS, PayPal, and Block—underscoring a strong commitment to growth and digital expansion across the board.
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