SS&C Previews Cloud-Based Portal and Mobile Apps for Insurance Companies

Enables Investment Managers to Access Critical Portfolio Information Anywhere, Anytime


WINDSOR, Conn., June 4, 2012 (GLOBE NEWSWIRE) -- SS&C Technologies (Nasdaq:SSNC), a global provider of investment and financial software-enabled services and software, today previewed SS&C's cloud portal, SSCDirect.com and related mobile applications for more than 1,000 attendees at the IASA 2012 Annual Educational Conference and Business Show in San Diego, California (Booth #832).

SS&C's self-service client portal, along with mobile applications, is one of the first mission-critical, on-the-go, investment management solutions. Access is available to customers of SS&C's global institutional outsourcing service including insurance companies, pension funds and institutional asset managers. The portal provides real-time access to portfolios, risk reports, profit and loss visualization, order management and trading, performance attribution, STAT, GAAP and IFRS accounting books and records, and more.  

"In 2012, cloud technology's infrastructure and its mobility enablement are revolutionizing investment management. The concentration of investment expertise and the ability to drive performance puts a premium on 24/7 access," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "With SSCDirect.com, our end-to-end accounting and reporting portal covers all insurance asset types including fixed income, equities, commercial mortgage loans, syndicated bank loans, derivatives and alternative investments. Our portal technology makes it possible to manage the asset management lifecycle from a single user interface."

SS&C's solution is cloud-based, and supports complex accounting and reporting requirements, and multiple asset types and data sources. SSCDirect.com can be used by current SS&C Direct clients or can be deployed as a fully hosted or in-house solution.  

About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. 5,000 financial services organizations, from the world's largest to local financial services organizations, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $16 trillion in assets.

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

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