SS&C GlobeOp notches up 150 customers for regulatory services
SS&C Technologies is now supporting 150 customers through the SS&C GlobeOp Regulatory Solutions Group, which assists funds of all types with Form PF, FATCA, AIFMD and other compliance and reporting rules.
Recent additions in the first quarter of 2014 take the total number of customers to more than 150 customers and 2,000 funds.
“We’ve relied on SS&C GlobeOp for fund administration services for many years, and using their regulatory services has enhanced our ability to better serve our customers while ensuring compliance with the numerous regulatory changes. This is a critical measure of our success,” says Robert Swan, chief operating officer, Lighthouse Partners.
The adoption of SS&C GlobeOp’s regulatory solutions by hedge funds, fund of funds, private equity and managed accounts is being driven by several specific, escalating challenges that these firms now face. These include growing competition for investors, tighter operating budgets and the need for specialised talent and technology to handle new regulatory reporting requirements.
“A range of large and mid-sized funds across all strategies are choosing SS&C GlobeOp’s regulatory solutions to help comply with a wide range of industry regulations,” says Bill Stone (pictured), chairman and chief executive officer, SS&C Technologies. “In this environment, funds must remain informed and proactive, while maintaining robust compliance and regulatory control. We take a partnership approach with our customers and welcome the input they provide as we continuously deliver class-leading regulatory technology and services.”
- By Category
- News from other sites
- Special Reports
- Partner events