RFP News

Published on Jan 06, 2011

SS&C; Technologies, a global provider of financial services software and software-enabled services, announced SS&C; Fund Services converted three fund managers’ middle and back-office processes to SS&C;’s fund administration platform.

SS&C;’s rapid conversion process brought Saemin Capital Management, LLC, Azimuth Asset Management, LLC and Artorious Management L.L.C, live within three months of signing with SS&C; Fund Services. Saemin Capital Management, LLC, a recently signed hedge fund conversion for SS&C;, required a fund administrator that could achieve several deliverables including web-based reporting for the fund and its investors, proven ability to scale, reliable staff with industry expertise, all provided by a well-known name in the administration industry. Saemin selected SS&C; Fund Services as the firm that best served their requirements. Within ninety days, SS&C; converted their official books and records since inception and went live in the fourth quarter of 2010.

“We are very pleased with the technology platform and operations team that SS&C; has built,” said Saemin Choi, President, Saemin Capital Management, LLC. “Their ability to get us live in such a short period of time has been equally impressive. We look forward to the future with SS&C.;”

“We continue to meet or exceed the target timelines for these and other conversions from competitors in our fund administration business,” said Bill Stone, Chairman and Chief Executive Officer, SS&C; Technologies Holdings, Inc. “Now, more than ever, funds seek out established fund administrators with successful track records and reputations and SS&C; is well positioned to benefit from this trend.”**

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