WINDSOR, Conn., Aug. 17, 2017 /CNW/ -- SS&C Technologies
Holdings, Inc. (NASDAQ: SSNC), a global provider of financial
services software and software-enabled services, today announced
that Anworth Mortgage Asset Corporation ("Anworth") has selected
SS&C to streamline its trading, investment accounting, and
financial reporting operations through a combination of specialized
REIT software and outsourced accounting services.
Based in Santa Monica,
California, Anworth is a publicly-traded mortgage REIT
company (NYSE: ANH) whose principal business is to invest in Agency
and Non-Agency Mortgage-Backed Securities (MBS) and residential
mortgage loans. SS&C will provide Anworth with cohesive
trade capture through financial statement support and preparation,
and a highly automated and controlled infrastructure to achieve
straight-through-processing. This partnership will also give
Anworth continued access to a dedicated group of mortgage REIT
accounting professionals, and the ability to leverage SS&C's
continued reinvestment in mortgage REIT enhancements.
"SS&C is providing us with a comprehensive and
fully-integrated process from trade capture up to the general
ledger," said Lloyd McAdams,
Anworth' Chairman and Chief Executive Officer. "SS&C's REIT
experts took the time to understand our accounting and reporting
requirements to ensure that our end solution allowed for single
point of data entry and a cohesive flow of information from trade
entry through to financial reporting. The automation and expertise
SS&C deploys will give us the flexibility to scale as our
business grows and as we invest in new, complex asset classes."
SS&C leads the industry in meeting the specialized
accounting, reporting, and operational needs of mortgage REITs.
SS&C's offerings ranges from consulting on operational controls
and best practice financial reporting environments, to designing
highly-responsive and cost-effective solutions comprised of
best-in-class software and outsourced accounting services.
SS&C's REIT Services Group supports the investment accounting
and reporting needs of a growing client base of more than 20
publicly-traded mortgage REITs.
"As a public company since 1998, Anworth is a highly regarded
leader in the mortgage REIT industry. We are honored that they have
entrusted SS&C to support their operations. We continue to
deliver superior functionality that positions our mortgage REIT
clients with a systemic, controllable, and auditable process," said
Stan Szczepanik, Vice President of
SS&C's Institutional & Investment Management Group. "The
mortgage REIT market is a strategic focus for SS&C, and we
continue to make significant advances in supporting a broad range
of complex asset classes, including Agency & Non-Agency MBS,
Commercial and Residential Whole Loans, Mortgage Servicing Rights
(MSR), Servicer Advances, and Real Estate Owned assets (REO)."
About SS&C Technologies
SS&C is a global
provider of investment and financial software-enabled services and
software for the global financial services industry. Founded in
1986, SS&C is headquartered in Windsor, Connecticut and has offices around
the world. Some 11,000 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.
Additional information about SS&C (NASDAQ: SSNC) is
available at www.ssctech.com. Follow SS&C on Twitter, Linkedin
and Facebook. The SS&C Technologies logo is available at
www.globenewswire.com/newsroom/prs/?pkgid=8587
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SOURCE SS&C