20 January 2018
visit www.ebaday.com

Wexford Capital chooses SS&C GlobeOp

10 June 2014  |  1170 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 www.capgemini.comvisit www.vasco.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
12434 views comments | 33 tweets | 38 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
7844 views comments | 12 tweets | 12 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
7683 views comments | 14 tweets | 14 linkedin
hands typing furiouslyFintech Adoption is About People, Not Tech
6795 views 1 | 6 tweets | 2 linkedin

Featured job

Find your next job