WINDSOR, Conn., Nov. 29, 2017 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced the release of Sylvan 7.04, a new, highly customizable, cloud-based performance measurement and attribution platform. Sylvan 7 puts more power in the hands of end users across the organization to visualize and analyze performance data.
Sylvan's new performance analysis dashboards are intuitive, easy to personalize, and can be accessed from any desktop or mobile device. With additional features such as drag and drop design, support for user-defined calculations, and conditional formatting, Sylvan 7 provides a powerful and comprehensive performance and analysis toolkit. New analysis and visualization capability enables firms to increase automation from data validation through to report production. This reduces operational risk and empowers performance analysis teams to focus on exceptions and analyzing results.
"Investment management teams demand the flexibility that Sylvan 7 delivers across the front, middle, and back office," said Christy Bremner, Senior Vice President, Institutional and Investment Management, SS&C. "The new platform helps users to easily communicate the value of active strategies to clients and internal stakeholders."
Today's performance measurement systems typically struggle to meet the need for flexible analytics and end-user customizable reporting. As more than a quarter of currently installed systems are 10 years old or older, managers are under pressure to invest in more agile technology. Adox's Follow the Money research demonstrates managers understand they need to change. 22% of managers recently reported they prefer to use a vendor solution for performance measurement and attribution.
Sylvan 7 enables powerful performance and attribution analysis and customized reporting easily accessible for everyone across the organization. The platform is fully integrated with other SS&C solutions including Global Wealth Platform, PORTIA, and Vision FI. More than 165 global customers use Sylvan for performance measurement and attribution reporting.
For more details, see the Sylvan 7 fact sheet.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 11,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.