WINDSOR,
Conn., Dec. 9, 2024 /PRNewswire/ -- SS&C
Technologies Holdings, Inc. (Nasdaq: SSNC) today announced an
initial agreement with Insignia Financial (Insignia) to deliver
superannuation member administration services. Insignia Financial
supports around 1.1 million superannuation fund members through its
wealth management offerings.
Upon signing a final binding agreement, more than 1,000 team
members in seven offices across Australia will transfer from Insignia to
SS&C. The team will then leverage SS&C's in-house
technology to automate processes and streamline operations
while providing top-notch service delivery to Insignia's customers
alongside SS&C's experts.
"As a leading global provider of retirement solutions, SS&C
is a trusted partner with extensive expertise in fund
administration. We anticipate the collaboration with SS&C will
provide our more than 1.1 million members with an improved
experience delivered by contemporary technology, our people with
the opportunity to be part of a large global enterprise, and
greater cost efficiencies," said Insignia Financial's CEO
Scott Hartley.
"We look forward to welcoming Insignia Financial staff to the
team and working closely with our new colleagues," said
Bill Stone, Chairman and CEO.
"Insignia Financial is one of the largest wealth management
businesses in Australia and will
be our largest client in Australia. This collaboration will put
SS&C one step closer to becoming the leading superannuation
administration provider in the region. As more funds look to
partner with trusted external providers, we look forward to
delivering the best technology and service to optimize
superannuation administration for Australia's investors."
About Insignia Financial Ltd.
With origins dating back to 1846, today the Insignia Financial
is a leading Australian wealth manager. Insignia Financial provides
financial advice, superannuation, wrap platforms and asset
management services to members, financial advisers and corporate
employers. Further information about Insignia Financial can be
found at www.insigniafinancial.com.au
About SS&C
SS&C is a global provider of services and software for the
financial services and healthcare industries. Founded in 1986,
SS&C is headquartered in Windsor,
Connecticut, and has offices around the world. Some 20,000
financial services and healthcare organizations, from the world's
largest companies to small and mid-market firms, rely on SS&C
for expertise, scale and technology.
Additional information about SS&C (Nasdaq: SSNC) is
available at www.ssctech.com.
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SOURCE SS&C
