SS&C Extends Transfer Agent Relationship with abrdn
WINDSOR, Conn., Oct. 10, 2024 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that abrdn, the global investment company and asset manager, has extended its long-term transfer agency relationship with SS&C Global Investor and Distribution Solutions (GIDS) for its U.K., Luxembourg and Singapore fund ranges.
“We are pleased to continue our long-standing relationship with SS&C in the U.K. and Luxembourg while extending it into Singapore,” said Martin Kwiatkowski, COO Investments, abrdn. “As a leading global asset manager, abrdn is committed to providing the same high-quality experience to our clients, no matter where they are in the world or however they want to engage.”
SS&C provides transfer agency services for abrdn’s OEIC and Life funds. SS&C’s Luxembourg team supports abrdn across liquidity and Société d’investissement à Capital Variable (SICAVs) funds. abrdn also leverages SS&C GIDS for its U.S. funds. The latest contract includes enhanced servicing to provide responsiveness to investors in abrdn’s Luxembourg-domiciled funds. SS&C is partnering with abrdn to simplify client reporting, and enhance AML services to support their fund range. Additionally, SS&C is partnering with abrdn to enhance the services available through digital channels for our Singapore business.
“We are thrilled to extend our valued long-term relationship with abrdn to support abrdn’s local fund range in Singapore,” said Euan Mcleod, Head of SS&C GIDS, APAC. “This expansion further solidifies the strong partnership we already share, delivering an exceptional service to abrdn and their retail, corporate and institutional clients.”
About abrdn
abrdn is a global investment company that helps clients and customers plan, save and invest for the future. Our purpose is to enable our clients to be better investors. abrdn manages and administers £505.9bn of assets for clients (as of 30 June 2024).
About SS&C Technologies
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.