SS&C completes acquisition of Iress’s managed fund administration business

by MMC
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WINDSOR, CT., October 1, 2023 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced today that it has completed the acquisition of the managed fund administration (MFA) business of Iress Limited.

Approximately 150 team members have joined SS&C Global Investor & Distribution Solutions, reporting to Euan McLeodHead of Transfer Agency, APAC.

“We are pleased to welcome the employees, customers and partners of the MFA team,” said Bill Pierre, President and CEO. “SS&C helps asset managers around the world streamline operations, reduce risk, strengthen compliance and serve their clients more effectively. We look forward to working with the MFA team to improve our services in Australia and offer solutions to this growing market.

Forward-looking statements

Certain information contained in this press release constitutes forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, performance, underlying assumptions and other statements other than statements of historical fact. These statements reflect management’s best judgment based on currently known factors, but are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks and uncertainties include, but are not limited to, the state of the economy and the financial services and other industries in which the Company’s customers operate, as well as other risks discussed in the “Factors” section. risk” of the Company’s most recent annual report. Report on Form 10-K, which is filed with the Securities and Exchange Commission and is also available on our website. Forward-looking statements speak only as of the date they are made and, except to the extent required by applicable securities laws, we undertake no obligation to update or revise any forward-looking statements.

About Iress

Iress (IRE.ASX) is a technology company providing software to the financial services industry.

We provide software and services for trading and market data, financial advice, investment management, mortgages, pensions, life insurance and pensions and data intelligence.

Our software is used by more than 10,000 companies and 500,000 users worldwide. We have over 2,000 people based in Asia Pacific, North America, Africathe United Kingdom and Europe.

About SS&C Technologies

SS&C is a global provider of services and software to the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, CT, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest corporations to small and medium-sized businesses, rely on SS&C for its expertise, scale and technology.

Additional information about SS&C (Nasdaq:SSNC) is available on www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook.

SOURCE SS&C

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