SS&C Technologies (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced VIY Management LLP (Venture Investments & Yield Management LLP) has selected SS&C's private equity software, TNR Solution, to manage its internal operations for its newly formed Luxembourg fund.
London-based VIY Management selected TNR Solution to provide exceptional automated management of its financial, performance and regulatory reporting. VIY was impressed with TNR's portal capabilities and plans to use the web-based solution to set up investor details and CRM requirements.
"Having spent some time analysing the various products in the Private Equity software market, we chose TNR due to its strong positioning in the General Partner market," said Irina Svinar, CFO, VIY Management LLP. "Furthermore, we were impressed by SS&C's private equity expertise which has been attained through its class-leading software and private equity fund administration services."
"VIY Management will benefit from the latest enhancements to TNR which include user-defined field tools and on-screen reporting views to track investments across various fund structures," said Dave Reid, Senior Vice President and Managing Director, International, SS&C Technologies. "We are pleased that VIY Management recognised SS&C as a reputable and knowledgeable service provider and we welcome VIYM to our growing private equity client base in Europe."