WINDSOR,
Conn., April 2, 2024 /PRNewswire/
-- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today
announced that Perennial Partners, a leading Australian asset
manager, has retained SS&C Global Investor and Distribution
Solutions (GIDS) for unit registry services. SS&C's Managed
Fund Administration unit will provide a full range of services to
Perennial's investors across all fund types, including active ETFs,
unlisted and dual-listed funds and private equity.
"As we've grown, we have wanted to streamline unit registry /
call centre services across all of our products listed Managed
Funds, Unit Trusts and VCLP/Private Asset," said Suzanne Bentley, Head of Operations at
Perennial. "SS&C's expansive expertise in the Australian market
has enabled us to consolidate the investor experience to a single
platform which will enhance the service experience for our advisers
and clients."
Previously, SS&C serviced unlisted and dual-listed funds for
Perennial Partners. After a thorough market evaluation process,
Perennial expanded its mandate to include all fund types.
SS&C's services will include transaction and distribution
processing, AML/KYC, regulatory reporting, call center services and
the Digital 360 investor services suite.
"We are honored to expand our valued relationship with Perennial
Partners," said Nick Wright, global
head of SS&C GIDS. "As a leading global transfer agent with
local expertise, we are committed to delivering state-of-the-art
tailored solutions and support to asset managers as they grow and
evolve. We look forward to working with Perennial Partners to
provide their investors and advisors with the best service
experience."
SS&C provides market-leading software and service
solutions to financial and retirement industries across the entire
investment value chain, with more than 11 million accounts on its
retirement administration platform in Australia. The recent acquisition of Iress'
managed funds administration business further grew the team's MFA
business to 68 clients with more than AUD889 billion in funds under
management.
About Perennial Partners
Perennial Partners is a house of specialist investment teams. We
partner with outstanding investment people pursuing great
investment outcomes in segments where active management can add
meaningful value.
Our 'clients first' culture underpins everything we do.
At Perennial Partners we believe in true alignment, our business
and investment partners are wholly owned by executives and we
co-invest in our strategies alongside our clients and on the same
terms. This means that we have true 'skin in the game', creating a
powerful alignment of interests with our clients.
Learn more at more https://perennial.net.au/
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 20,000
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. Australia's financial services and
superannuation industries have relied on SS&C's technology and
services for more than 30 years to support funds under management
approaching AUD $2.1 trillion per
annum.
Additional information about SS&C (Nasdaq: SSNC) is
available at www.ssctech.com.
Follow SS&C on Twitter, LinkedIn and Facebook.
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SOURCE SS&C