SS&C Partners with Marlborough to Enhance Fund Services for Over £16B in Assets
Portfolio Pulse from Benzinga Newsdesk
SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) has entered a strategic partnership with Marlborough's Investment Fund Services Limited (IFS) to provide fund accounting, middle-office, and transfer agency services for over £16 billion in assets. This partnership involves the transfer of around 90 IFS staff to SS&C and aims to enhance fund administration efficiency using SS&C's technology.
June 24, 2024 | 11:06 am
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SS&C Technologies Holdings, Inc. has partnered with Marlborough's IFS to provide fund services for over £16 billion in assets. This partnership will enhance SS&C's capabilities in fund administration and expand its market share in the U.K. mutual fund market.
The partnership with Marlborough's IFS significantly enhances SS&C's presence in the U.K. mutual fund market and leverages its technology to improve fund administration efficiency. This is likely to positively impact SS&C's market share and service capabilities, leading to potential short-term stock price appreciation.
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