WINDSOR, Conn., May 24, 2021 /PRNewswire/ -- SS&C
Technologies Holdings, Inc. (Nasdaq: SSNC) today announced
that Diversified Trust, a leading wealth management firm with
$7.5 billion in assets under
management, has selected SS&C as fund administrator for its
private equity fund of funds platform.
SS&C will provide private equity administration, portfolio
look-through reporting, tax services, treasury support services and
investor AML/KYC compliance. Diversified Trust also uses SS&C
Black Diamond within its wealth management business and SS&C
Intralinks for its investor portal. SS&C's private funds
administration solution enhances consistency across platforms and a
streamlined process for tracking investors and interested party
information ultimately simplifying private equity reporting for its
"Diversified Trust sought a partner with expertise in
fund-of-fund structures with integrated technology solutions
including document management and client reporting and offered
visibility into the data," said Doug
Turner, Principal and Director of Operations for Diversified
Trust. "SS&C's comprehensive offering vastly improves fund
accounting and reporting exceeding our clients' information and
communications requirements on a single easy-to-use platform, so we
can focus on helping our clients make decisions."
"We are very pleased to expand SS&C's relationship with
Diversified Trust to now include the administration of their
private equity fund of funds focused on retailed investors," said
Joe Patellaro, Managing Director,
SS&C Private Equity Fund Services. "Our extensive
experience in servicing the private equity segment, fund of funds
and the retail investor space in particular has allowed us to
develop a service model that is specifically responsive to this
growing segment of the private equity market."
About Diversified Trust Company
Diversified Trust is an employee-owned comprehensive wealth
management firm based in the Southeast with over $7.5 billion of client assets under management.
Our clients include individuals, multi-generational families,
foundations, endowments, retirement plans, and family-owned
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