By Jen Molgano and Kendall Reischl
Back from our annual conference, SS&C Deliver, we’re excited and energized after seeing our clients, engaging in sessions and panels, and enjoying the ‘Windy City’. We shared several big announcements during our time in Chicago. Read on in case you missed them.
New release of Precision LM Loan Management Solution
The latest version of Precision LM 3.0 introduces expandable web services. These services will transform the traditional exchange of flat files to a more open model where Precision LM can expose and accept data to/from internal and external systems. This capability will streamline client integration efforts and improve data integrity, operational efficiency, and workflow capabilities. Learn more.
Survey results reveal that insurers’ struggle with regulatory and accounting compliance
Our 2017 Insurance Asset Management Technology Outlook survey revealed that addressing local regulation and accounting standards was the leading operational challenge when it comes to firms’ expansion strategies. Another key trend outlined in the survey pertained to the ‘data explosion.’ Global asset growth, escalating trading volumes and increased reporting requirements have led to an explosion of data that needs to be organized, filtered and managed for analysis and reporting. As a result, the majority of insurance and asset management executives polled (61 percent) intend to increase technology spend within the next year to support investment operations. Learn more.
SS&C appoints Rahul Kanwar to Executive Vice President
We’re thrilled to announce that Rahul Kanwar was promoted to Executive Vice President. In his expanded leadership role, Mr. Kanwar continues as a key member of our executive management team and will continue to oversee our high-performing fund administration business. Mr. Kanwar has been instrumental in the growth of this business unit both organically and through acquisitions and our growth to the number one fund administrator globally. Learn more.
Announced a revolutionary Order Creation Solution, Advent Genesis
Unveiled for the first time at SS&C Deliver in Chicago, Advent Genesis a revolutionary tool providing SS&C’s 700+ Moxy customers a comprehensive, cloud based portfolio construction and rebalancing solution for allocating new capital, raising cash, and rebalancing portfolios. Learn more.
SS&C launches new integrated Exception Management Solution
We unveiled a new integrated exception management solution, Reconciliation and Data Collection. The solution combines Evare’s global financial data network and Recon’s automated reconciliation platform unleashing the next wave of exception management capabilities. This new solution will help our clients significantly shorten their reconciliation cycles and reduce the time spent gathering, scrubbing, and reconciling the data. In turn, allowing our clients to focus on value-added tasks and real-time decision-making with confidence. Learn more.
SS&C Advent announces Salentica Elements on the Salesforce AppExchange
Our SS&C Black Diamond customers can now access new relationship management tools that will transform their client engagement experience. Salentica Elements has now launched on the Salesforce AppExchange, empowering businesses to connect with their clients, partners, and employees in entirely new ways. Learn more.
Exception Management and Workflow solution for Geneva
There is now a new Exception Management and Workflow solution for Geneva. The solution enables our clients to pre-emptively detect, manage, prioritize, resolve, and report exceptions based on client selected data quality rules, thereby increasing efficiency and reducing operational risk. Learn more.
SS&C GlobeOp’s Regulatory Solutions Group celebrates five year and 500 client milestone
Since the formation of our SS&C GlobeOp Regulatory Solutions group five years ago, this group has surpassed 500 firms using its regulatory reporting and analytics technology including its Automatic Exchange of Information (AEOI) service portfolio. The recent surge in interest and adoption of our regulatory solutions highlights the need within the alternatives marketplace for technology that can maintain a golden source of data—critical for ensuring consistency and accuracy across regulatory, performance, investor, tax, and other types of reporting. Learn more.
Thank you all who attended SS&C Deliver 2017, and for those we missed, we hope to see you next year!