Largest Third Party Administrator in New Zealand Selects Pages
WINDSOR, Conn., April 13, 2015 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced Trustee Executors Limited (TEL), the largest provider of third party administration for financial services in New Zealand and leaders in the provision of Trustee, Custodial, Investment Accounting, Unit Pricing and Registry service, has selected SS&C's reporting solution, Pages. SS&C will support reporting on TEL's 585,000 individual client accounts with more than $94 billion in assets.
TEL will deploy Pages, SS&C's enterprise reporting and portal technology, to automate the production of communications, including quarterly investment reports, statements, and self-service reporting access for fund managers and super funds. Reporting cycles will require less manual intervention to complete, resulting in operational efficiencies and immediate access to data by TEL's customers.
"Pages will allow us to optimize our reporting process and significantly reduce production times, thereby enhancing service and improving the user experience," said Rob Russell, Executive Director, Trustees Executors Limited. "When evaluating reporting and communications solutions, our team was extremely impressed with SS&C's flexibility, report personalization, sophisticated and customizable workflow, and ability to integrate nicely with our existing SS&C HiPortfolio accounting solution."
"TEL entered a strategic relationship with DST Global Solutions (now SS&C) in 1997. We are delighted that TEL has now expanded its relationship with SS&C and selected us for its vital reporting requirements," said Christy Bremner, Senior Vice President, SS&C Institutional and Investment Management, SS&C Technologies. "Third party administrators are seeking technology solutions that materially enhance their operational efficiencies, customer service levels, and profitability. SS&C's' enterprise reporting and web-based portal meets these strategic requirements."
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. Some 7,000 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. These clients in the aggregate manage over $26 trillion in assets.
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SOURCE SS&C Technologies