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SS&C Announces 2H2024 Updates for Alternatives SaaS Offerings | SS&C Eze

Admin — Wed, 05 Feb 2025 16:30:00 GMT

WINDSOR, Conn., Dec. 26, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced new Saas releases covering alternative investment managers, including Geneva, OEMS, Eclipse, and other related platforms.

"As market leaders, we pride ourselves on our innovative spirit and dedication to collaborating with clients, providing purpose-built, scalable solutions. We tailor our releases to the global marketplace," said Karen Geiger, Co-General Manager of SS&C Wealth & Investment Technologies. "The recent advancements in our alternatives solutions illustrate our commitment to them to take full advantage of market opportunities."

SS&C Geneva®'s latest release introduces new enhancements in support of credit, derivatives, and legal entity and investor accounting. The functionality lets users efficiently manage loans and transactions in the new Loan Servicing Workspace. This release also includes the Investor Fee Builder, enabling clients to configure their fee terms and apply to different investors.

Other enhancements focus on:

Swap Financing: The platform now supports Dual Basis Financing on swaps to calculate separate accruals off notional market value and notional cost.
PIK: Clients can now apply separate PIK schedules and spreads on credit contracts paying at self-defined frequencies quarterly and monthly cash pay.
Managed Migrations are introduced to provide Managed Services clients with a seamless upgrade experience.
Closed-End Funds: enhancements around GP Location and Legal Entitles defined in different currencies
System Performance: enhancements to BIS Reuse and Geneva's REST API

Eclipse released several new enhancements covering multi-asset class, front office, interoperability, and operations:

Expanded Fixed Income trading: Connectivity to fixed income platforms, including Tradeweb and Bloomberg
Asset Class: Expanded asset class coverage, including improved swap management and native support for MBS, ABS, and CDS
Trading Workflows: Simplified workflows with the ability to merge parent orders directly from the blotter
Speed to Market: The ability to route orders to the market faster with up to 20 quick-send buttons available in the blotter
Eze Marketplace: An expanded menu of plug-and-play solutions to bolster the platform's capabilities in risk management, reporting, data analytics, trade surveillance, liquidity, and TCA

OEMS focused on multi-asset and fixed-income support, automated trading, trade synchronization, and modeling. Notable enhancements include:

Multi-Asset OMS: A new enhanced trade matching blotter for fixed income and options, improved FX swaps support for allocation processing and enhanced interest rate swap trade management
Fixed Income EMS: Users can now view the best execution details for unsolicited trades. Improved alerting for fixed income unsolicited fills from liquidity vendors and support for fractional pricing for bond futures limit orders in algo trading
Automated Trading: Automated Trading rules for fixed income orders and updated Automated Trading routing approval message
Modeling: Model by underlying exposure, dirty price, and delta-adjusted exposure

SS&C Eze, a business unit of SS&C Technologies, is helping 1,900 global asset managers transform their investment process to optimize operational and investment alpha and grow their business. SS&C Eze delivers cutting-edge cloud, mobile, and on-premise solutions to maximize efficiencies across trade order management, execution, compliance, commission management, portfolio accounting, and investor accounting. From start-up and emerging funds to the most recognized and established institutions, SS&C Eze has provided buy-side firms with innovative and award-winning technology solutions backed by unparalleled client service for more than 25 years. For more information visit www.ezesoft.com.

Eze EMS Expands Multi-Asset Support with Electronic Fixed Income Trading | SS&C Eze

Admin — Wed, 14 Aug 2024 20:02:00 GMT

In its mid-summer 2024.4 release, Eze EMS – SS&C’s leading global, multi-asset advanced trading engine – expanded its electronic trading capabilities to fixed income. Eze EMS has long been a trusted solution providing centralized access to aggregated liquidity and tools for dynamically managing positions, portfolios, and trading risk across global equities, futures, options, and now, fixed income.

With this first fixed-income release, traders gain access to a universe of 5 million corporate, government, municipal, and securitized bonds, with connectivity to a community of electronic execution platforms. They gain the ability to consume quotes and Axes, receive unsolicited fills, and capture and normalize competing quotes across three liquidity venues.

“The core benefit is the simple yet valuable ability to manage a new asset class from an existing EMS blotter. In particular, for clients using both Eze OMS and Eze EMS, the focus is on convenience and the elimination of what we call ‘pivot pain’ – the need for a multi-asset trader to switch between applications depending on the asset class,” says Adam De Rose, senior director of product management at SS&C Eze.

On the topic of market positioning, he shares, “Our job is not to compete with the existing execution platforms but to rid the market of its complexities and contribute to the advancement of the fixed-income market overall.”

SS&C also announces the appointment of Jeremy Love, a twenty-year buy-side veteran, as director of fixed-income market structure. Jeremy brings extensive experience as both a portfolio manager and trader and will play a pivotal role in helping to develop and grow SS&C’s global fixed-income offering.

Learn more about the electronification of fixed-income trading, what’s now available, and our plan for future releases in Adam De Rose’s latest blog post, A Fixed Income EMS is Not Always a Fixed Income EMS.

SS&C Announces 1H2024 SS&C Advent, Eze Product Updates | SS&C Eze

Admin — Mon, 22 Jul 2024 18:12:00 GMT

WINDSOR, CT, Jul. 22, 2024 (PR NEWSWIRE) – SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced releases across its full line of SS&C Advent and Eze solutions, including Geneva^®, Genesis, Eze OEMS, Eze Eclipse, and other related platforms.

"A major initiative this year is continuing to build on our successful collaborations between SS&C Advent, SS&C Eze, and other teams within SS&C Technologies, particularly SS&C GlobeOp. These projects are already delivering exciting new solutions and capabilities coming to market," said Karen Geiger, Co-General Manager of SS&C Advent. "Our positive, entrepreneurial culture keeps our innovators motivated and curious, resulting in cutting-edge technology and services to enable our clients to focus on their core competencies."

Investment Management Market

To achieve greater efficiency and accuracy in the face of mounting complexity and volume, SS&C Advent is introducing the Genesis platform to provide a modern, connected investment experience across the front, middle, and back offices. The platform brings onto a single cloud interface the best elements of solutions such as Advent Portfolio Exchange (APX), Eze OEMS and Genesis Portfolio Management. The platform gives clients access to real-time data across the accounting, portfolio management, and trade order management applications.

The Genesis Platform offers seamless integration for investment managers, enabling teams to manage complex portfolios with multiple asset classes and fund structures in any currency. Recent application enhancements include:

Portfolio Management: Besides providing real-time access to positions and cash for portfolio managers, users can access enhanced tax loss harvesting functionality and household management.
Order Management: Leveraging Eze OMS, recent updates focus on the user experience with UI consistency across all platforms.
Accounting: Improvements focus on UI, system performance, and integrations, increasing processing times.
Reconciliation: Intelligent automation is being incorporated into daily workflows to extend public APIs to show reconciliation status at the portfolio level and exception management for multi-strategy portfolios or “sleeves” whereby users can see “swept” transactions and move as needed.

Alternative Investment Managers

With the continuous growth in private markets, SS&C Advent delivered high-value functionality across asset classes and fund structures.

Geneva^® introduced the ability to construct and implement bespoke fee structures for complex, open-ended funds with Investor Fee Builder.

The platform also automated workflows to generate better cash management for CLOs and added a wide range of investment accounting and life cycle management features geared at the credit, structured product and fixed income markets.
The new Investor Workspace feature for investor accounting data provides easy access to fees, capital commitments, P&L allocations, and more details.
Loan Data, a loan market solution introduced earlier this year, onboarded several new clients.

Data Lens, a holistic solution for data procurement, curation, visualization and management, launched to enable customers to reduce technology costs and simplify workflows. The solution streamlines the procurement process for data products and enables easy integration into a client firm’s infrastructure.

Eze Eclipse rolled out:

Simplified trading workflows, such as the ability to use leverage ratios during order creation. Users can now merge orders directly from their blotter to save valuable time.
Increased flexibility in grouping, sorting, and filtering the blotter enhances the user experience.
Additional asset class enhancements, such as improved swap management and support for MBS and ABS.
An expanded menu of plug-and-play solutions to bolster the platform's capabilities in risk management, reporting, data analytics, trade surveillance, liquidity, and TCA through Eze Marketplace.

Eze OEMS bolstered fixed-income trading with electronic trading for corporates, government/agency, municipals, and securitized bonds with aggregated liquidity across three trading venues. A complete overhaul to the UI introduced new enhanced liquidity views. Managed application clients will now get upgrades automatically every six weeks.

About Eze Software

Eze Software is a global leading provider of investment management software solutions designed to optimize operational and investment alpha throughout the entire investment process. Eze Software provides the platform for growth for the entire investment management community, maximizing efficiencies across order management, trade execution & analytics, portfolio analytics & modeling, compliance & regulatory reporting, commission management, and portfolio & investor accounting. For more than 20 years Boston-based Eze Software has been driving innovation in financial technology. Today, Eze Software partners with more than 2,500 buy- and sell-side institutions in 45 countries from their 15 offices worldwide. For more information, visit www.ezesoft.com.

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.

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SS&C Eze Featured in HedgeNordic Powering Hedge Funds Report | SS&C Eze

Admin — Mon, 12 Feb 2024 18:14:04 GMT

For their annual Powering Hedge Funds report, HedgeNordic recently tapped SS&C Eze’s Levi Morin for his insights on asset allocation agility. In the report, Levi examines how investment managers can prepare today for investment strategies of tomorrow with the right technology.

He explains, “Having a system in place allowing your firm to execute tactical and strategic asset allocation decisions with speed and accuracy is no longer a nice to have; it’s a requirement.”

Learn how to identify such a system in HedgeNordic’s Powering Hedge Funds report. Or check out the original post.

SS&C Eze Joins Investment Management Association of Singapore | SS&C Eze

Admin — Mon, 12 Feb 2024 17:49:55 GMT

We are excited to announce that SS&C Eze has joined the Investment Management Association of Singapore (IMAS) as an associate member.

IMAS is a representative body of professionals dedicated to shaping and strengthening the Singaporean investment management industry. The organization works with its members to promote best practices in business conduct and expertise, provide insights and education, and raise awareness and interest in the industry.

We look forward to working with IMAS to advance its mission to promote and empower investment managers in Singapore.

Hear how Singapore-based long-term value hedge fund manager QQQ Capital Pte Ltd. uses SS&C Eze solutions to automate their operational processes and position themselves for scalable growth.

SS&C Celebrates Two Wins at HFM European Services Awards | SS&C Eze

Admin — Mon, 12 Feb 2024 17:35:43 GMT

SS&C Eze was recognized for Best EMS Solution and SS&C Advent for Best Fund Accounting and Reporting Software

We’re thrilled to announce that SS&C was successful in two categories at this year’s HFM European Services Awards. SS&C’s Eze EMS was named Best EMS Solution, and SS&C Advent’s Geneva took home the Best Fund Accounting and Reporting Software award.

The winners were announced at a ceremony at the Natural History Museum in London on 25 April 2024. Congratulations to all the winners!

Harbor Capital Advisors Chooses SS&C’s Front-to-Back Solution to Power Distinct Global Allocation ETF | SS&C Eze

Admin — Thu, 04 Jan 2024 16:25:00 GMT

WINDSOR, CT, January 4, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Harbor Capital Advisors has selected SS&C’s front-to-back investment management platform for the Harbor Multi-Asset Explorer ETF (the “ETF”). Harbor Capital is an asset manager with $45.1 billion in assets under management as of September 30, 2023.

SS&C Eze Recognized at TradingTech Insight Awards 2024 | SS&C Eze

Admin — Wed, 29 Nov 2023 15:09:11 GMT

SS&C Eze is shortlisted for Best Buy-Side OMS and Best Buy-Side EMS

We are excited to announce that SS&C Eze has been shortlisted in the Best Buy-Side OMS and Best Buy-Side EMS categories at the 2024 TradingTech Insight Awards Europe.

Please show your support by casting your vote before 1 December 2023.

Winners will be announced at the end of the TradingTech Summit in London on 29 February 2024.

Learn how Eze OMS and Eze EMS can help you optimize operations and unlock alpha.

More than 250 Clients Go Live on Eze Eclipse | SS&C Eze

Admin — Thu, 26 Oct 2023 13:00:00 GMT

Cloud-native front-to-back investment management system streamlines trading, optimizes efficiencies and costs

Waters Rankings 2023 Winners' Circle Interview | SS&C Eze

Admin — Thu, 19 Oct 2023 20:04:49 GMT

WatersTechnology interviews Karen Geiger of SS&C Technologies about the company's recent wins in the Waters Rankings.

SS&C Technologies won four categories in this year’s Waters Rankings: best buy-side OMS, best EMS provider, best portfolio management system provider, and best accounting system provider.

In this interview, originally posted on the WatersTechnology news site, SS&C Senior Vice President and Co-General Manager Karen Geiger talks to WatersTechnology about what SS&C’s clients are looking for across their front, middle, and back offices and how the company maintains the freshness and relevance of its products in a constantly evolving investment management industry.

WatersTechnology: SS&C won more categories than any other technology/service provider in this year’s Waters Rankings. What is it about the firm that you believe continues to appeal to the markets it serves?

Karen Geiger: We take pride in these four wins, but we don’t take them for granted. We continue to work on and invest in our technology, and SS&C has the benefit of being a large technology and service firm with solid backing.

Eze and Advent are well-established brands, although we continue to manage them with an entrepreneurial spirit. What drives that spirit is how client-centric we are. We value our clients above all else, and we continue to evolve and stay fresh in terms of what we’re offering in our platforms. There is no one at any level of the organization unwilling to take a call from a client—I’m not too senior, and neither is [founder, chairman and CEO] Bill Stone. You won’t find that in every large institution, especially one of our size and scale.

SS&C’s value proposition has been to bring together best-of-breed brands under one roof and leverage those strong technologies and extensive expertise to create unique solutions across the front, middle, and back offices. We’ve been recognized across many different categories because we cover holistically that front-to-back process, and firms are seeing the value of a single-vendor experience. We’ve grown through acquisition, and we’ve worked hard at creating that single-vendor experience without sacrificing the depth of capability or limiting the customers’ options.

WatersTechnology: Your first two wins in this year’s Rankings are front office focused: order and execution management. What are the key functions your clients are looking for that you believe help differentiate SS&C from other vendors/providers?

Karen Geiger: It goes beyond the traditional activities of order and execution management. Front offices are looking to focus on the highest-value activities and less on the more manually intensive and tedious tasks that can be automated. We’re in a fee-pressure environment, so it’s about how our clients differentiate themselves and drive alpha, while spending less time on some of the lower-value activities.

We’re also ensuring we provide reliable data that’s easy to access to help with decision support. With our front-, middle- and back-office systems, we have all the data needed to fuel the front office, so surfacing more of that data and providing more analytics around it is an area of focus for us.

One of the things we have done to greatly expand our capabilities is build out our Eze Marketplace, allowing third-party applications to be embedded within Eze solutions. Whether it’s Eze OMS or our Eclipse platform, you can have interactive widgets in the same desktop experience delivering, for example, a risk, a market intelligence, or a cash management solution. We’ve been growing out the network of partners on Eze Marketplace.

The last thing I’ll mention is our asset class coverage; we’re always expanding it as firms continue to diversify. If you look at our portfolio accounting products, we have more depth than anybody in terms of asset class coverage, ensuring our front-office solutions can support the different types of asset classes firms are diversifying into.

WatersTechnology: Two wins came courtesy of SS&C Advent: best portfolio management system provider and best accounting system provider. Advent Genesis (portfolio management) was unveiled in late 2017, but APX and Geneva (accounting) have been around for a long time. How does SS&C keep those products fresh and relevant in a constantly evolving asset management segment?

Karen Geiger: APX and Geneva might not be the newest products on the market, but they offer the most depth and complexity.

Being able to understand the accounting rules for the esoteric securities in the market is difficult to replicate. This capability has taken us decades to build, and I’ve been around long enough to know nobody does that overnight.

How do we stay fresh? The heart of it is the accounting piece, but we continually evolve and modernize everything around it. Today’s users want more of a dynamic user experience rather than running a batch of reports and waiting for them to finish. We aren’t married to what we built in the early 2000s—we’re married to that domain expertise. We must continue to evolve everything around that expertise and connect what’s in the back office to the front office.

Earlier, I referred to our data-centric approach. Well, the data is in our accounting system. That’s the source of truth and unlocking it and making it available for intelligence and analytics for whoever in the firm needs it is another area of focus for us.

WatersTechnology: Looking ahead, how is the company planning to consolidate its position in the market? Is there anything on the workbench right now that you are especially excited about?

Karen Geiger: I mentioned earlier we have grown through acquisition. I am now responsible for both the Advent and Eze businesses along with my counterpart, Steve Leivent, who focuses more on the wealth side.

We’re excited about what we’ve been able to unlock by looking across SS&C’s technology assets. One area that we are investing in is a trading suite for investment managers, combining best-of-breed components from Advent and Eze. We’re finding we have a lot of hybrid asset/wealth managers who want the wealth management/portfolio management experience combined with advanced trading capabilities. We’re bringing those two pieces together as a single platform.