SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, today announced the successful migration of SS&C Portia's outsourcing customers to SS&C's data center in Yorktown Heights, New York.
"The move to SS&C's data center allows us to continually improve our operations by extracting additional efficiency from the services, such as faster processing of end-of-day and overnight activities," said Fred Kramer, Senior Vice President of Operations and Systems at TimesSquare Capital Management, a long-time SS&C PORTIA client.
SS&C PORTIA offers flexible outsourcing services ranging from application hosting and management, component-based and full middle-to-back office outsourcing. SS&C's Yorktown Heights facility, part of SS&C's global network of leading data centers, utilizes the latest virtualization technology including Vblock infrastructure. This technology enables real-time replication of all data and creates a flexible and scalable environment for clients to efficiently grow without impacting their operations or infrastructure.
"We are excited to offer outsourcing services to both new and existing clients using SS&C's world-class data center network, as its powerful capabilities enhance the flexibility and performance of our solutions," said Christy Bremner, Senior Vice President and General Manager of SS&C PORTIA. "We are continually leveraging SS&C's capabilities to provide our clients with the most comprehensive set of solutions in the industry."
SS&C PORTIA provides a broad set of middle-to-back office capabilities to allow investment managers to track and manage the day-to-day activity in investment portfolios to support global accounting requirements. Offered on a deployed and hosted basis, the solution supports a wide range of functions including corporate action processing, internal reporting, client reporting, regulatory reporting, performance measurement and attribution and post trade compliance.