27 August 2016
Find out more

Wexford Capital chooses SS&C GlobeOp

10 June 2014  |  931 views  |  0 Source: SS&C Technologies

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC), a global provider of financial services software and software-enabled services, today announced that Wexford Capital has selected SS&C GlobeOp to provide an expanded suite of services including middle- and back-office, regulatory reporting and investor solutions for Wexford's private equity funds and hedge funds.

Wexford, headquartered in Greenwich, CT manages over $4 billion in assets.

SS&C GlobeOp previously delivered various back-office services to support Wexford's hedge funds. The terms of the revised agreement will allow Wexford to leverage many of SS&C's capabilities to act as an outsourced operational, middle- and back-office provider and fund administrator. SS&C will hire a number of Wexford employees to augment the team that will service Wexford.

"We conducted an extensive due diligence process over several months and were impressed with the commitment of SS&C to the business and their technology platform and expertise," said Joseph Jacobs, President, Wexford Capital. "We believe that the extension of our strategic partnership will bring us greater operational leverage and scale."

"This is an exciting opportunity for both companies and we appreciate Wexford's selection of SS&C for these mission-critical processes," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "We are proud to partner with one of the leading alternative asset managers and view this relationship as an important milestone in our delivery of class-leading technology and expertise." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit equens.comVisit www.abe-eba.euFind out more

Top topics

Most viewed Most shared
hands typing furiouslyBlockchain: what to expect for 2017?
9073 views 0 | 56 tweets | 46 linkedin
hands typing furiouslyBig Data's Three Big Trends in 2016
7502 views 5 | 22 tweets | 13 linkedin
hands typing furiouslyHow Banks Are Losing Millions by Ignoring...
7236 views 11 | 24 tweets | 9 linkedin
Nordea looking for AI and blockchain breakthroughsNordea looking for AI and blockchain break...
6455 views comments | 17 tweets | 20 linkedin
R3 blockchain consortium sheds light on Concord projectR3 blockchain consortium sheds light on Co...
5808 views comments | 14 tweets | 14 linkedin

Featured job

Find your next job