WINDSOR, Conn., June 2, 2021 /PRNewswire/ -- SS&C
Technologies Holdings, Inc. (Nasdaq: SSNC) announced a strategic
investment in Japan with its
deployment of Distributed Storage Node technology. This innovative
technology will enable customers of the market-leading Intralinks
VDRPro™ offering to store data in-region and provide faster access.
The Tokyo-area storage node will
host SS&C Intralinks' offerings for syndicated loans, M&A,
and investor reporting.
Mizuho Bank is one of
Japan's leading financial
institutions and a current SS&C Intralinks customer. "SS&C
Intralinks' launch of local data storage in Japan will help accelerate digital
transformation for syndicated loan administration," said Mr.
Kaya Saeki, Joint General Manager,
Planning and Administration Team Syndicated Finance Department of
Mizuho Bank, Ltd.
Mizuho Bank is a member of the
Japan Syndication and Loan-Trading Association (JSLA) whose goals
include supporting standards to assist the healthy expansion of the
loan markets in Japan. SS&C Intralinks works closely with
the JSLA to develop industry best practices to digitize syndicated
loan administration.
"As data privacy regulations evolve, such as the recent
amendments to Japan's Act on
Protection of Personal Information (APPI), it is evident that
regulators are becoming more stringent," said Ken Bisconti, Co-Head of SS&C Intralinks.
"Customers such as Mizuho Bank are
at the forefront of implementing technology solutions that help
them remain compliant with global regulations and protect their
clients' data. Delivering data locality options is just one
of many ways we are helping customers execute their data
sovereignty strategies."
SS&C Intralinks is a pioneer of the virtual data room,
enabling and securing the flow of information by facilitating
M&A, capital raising and investor reporting. SS&C
Intralinks has executed over US$34.7
trillion worth of financial transactions on its
platform.
About SS&C Technologies
SS&C is a global provider of services and software for the
financial services and healthcare industries. Founded in 1986,
SS&C is headquartered in Windsor,
Connecticut, and has offices around the world. Some 18,000
financial services and healthcare organizations, from the world's
largest companies to small and mid-market firms, rely on SS&C
for expertise, scale, and technology.
Additional information about SS&C (Nasdaq:SSNC) is available
at www.ssctech.com.
Follow SS&C on Twitter, Linkedin and Facebook.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/ssc-unveils-advanced-in-region-data-storage-for-japanese-clients-301304628.html
SOURCE SS&C