Private equity assets made up a third of SS&C's $1.52 trillion assets under administration in 2017.
SS&C hires former co-founder and president of Novus, Rishi Khanna, as managing director for SS&C GlobeOp.
SS&C Technologies will enter the mutual fund administration market as it continues to aggressively expand through acquisitions.
SS&C completed its acquisition of Citi and Wells Fargo Fund Services last year, and has since built on the fund admin business with a number of high profile deals.
SS&C’s GlobeOp platform provides fund administration services for asset and hedge fund managers.
Des Johnson has left his role with SS&C to become CEO of Centaur Fund Services USA.
SS&C will act as fund administrator for investment firm Quantopian as well as providing services aimed to increase operational inefficiencies.
Bloomberg LP, PwC and SS&C Technologies and others form hedge fund industry data working group to address data management issues.
SS&C’s acquisition of asset services firm Conifer follows its purchase of Wells Fargo’s GFS business earlier this month.
SS&C highlights the key mistakes often made by managers when selecting a fund administrator to service their fund.