SS&C Announces The Financial Services Regulatory Authority Granted Co. Full Approval To Deliver Fund Administration Services Within The Abu Dhabi Global Market
Portfolio Pulse from Benzinga Newsdesk
SS&C Technologies Holdings, Inc. (SSNC) has received full approval from the Financial Services Regulatory Authority to provide fund administration services within the Abu Dhabi Global Market. This approval allows SS&C to expand its services in the Middle East, potentially increasing its market share and revenue in the region.

March 27, 2024 | 12:02 pm
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SS&C Technologies Holdings, Inc. (SSNC) has been granted full approval to offer fund administration services in the Abu Dhabi Global Market, marking a significant step in its expansion in the Middle East.
Receiving regulatory approval to operate in a new market is a significant positive development for any company. For SS&C, this approval not only allows it to expand its fund administration services into the Abu Dhabi Global Market but also sets the stage for potential revenue growth and increased market share in the Middle East. This is likely to be viewed positively by investors, potentially leading to a short-term uptick in SSNC's stock price.
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