Case 52 SS&C Technologies

Abstract

SS&C Technologies Holdings is the world’s largest hedge fund and private equity administrator. The company is also the largest mutual fund transfer agent in the world. It was founded in the year 1986 and employs over 24,000 employees globally. The company has 125 offices in 94 cities. The company has over 20,000 clients which spans in the health and financial services industries. The unique model of the company combines end-to-end expertise across financial services operations with software and solutions to customers in the financial services and healthcare industries. SS&C supports the technology-enabled operations related to securities accounting, front-to-back office operations, performance and risk analytics, regulatory reporting, and healthcare information processes. SS&C Technologies provides a multitude of software-enabled outsourcing services and subscription based on demand cloud solutions for the global financial services industry. The proprietary software system offers comprehensive fund administration services to alternative and traditional asset managers such as fund manager services, transfer agency services, funds-of-funds services, tax processing, and accounting. Clients are offered the flexibility to choose from multiple software delivery options which include on-premise applications and hosted, multi-tenant, or dedicated applications. Clients are also offered targeted, blended solutions that are based on a combination of software and software-enabled services. The company also serves the healthcare industry through its SS&C Health services and technology-enabled business. The suite of solutions offered by SS&C basically pans across health plan operations. The options offering includes core claims processing, operational software, and high-value applications meant for value-based payment and total cost management. SS&C apply modern technology to medical and pharmacy claims processing, data, and analytics to its market segments consisting of health plans and pharmacy benefit manager. During the past 27 years, the company made approximately 59 acquisitions.