[ad_1]
World-leading fund manager receives regulatory approval, strengthens global presence middle east
windsor, connecticut, March 27, 2024 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the expansion of its global footprint with the opening of a new office in the United States. abu dhabi, united arab emirates. The Financial Services Regulatory Authority (FSRA) has given full approval to His SS&C to provide fund management services within the prestigious Abu Dhabi His Global Market (ADGM).
The new office at Al Maqam Tower in the heart of ADGM will enable SS&C to offer end-to-end hands-on fund management services to clients, further solidifying its position as a leader in financial technology and services. I will do it.
ADGM’s fund management services complete SS&C’s full range of services for alternative fund managers. middle east. SS&C has a strong track record of serving approximately 850 financial institutions and corporate clients in the region, 140 of which utilize state-of-the-art money management technology. SS&C has obtained the regulatory license to operate in ADGM and is poised to enhance its services with dedicated local experts who will benefit from the full scope of the company’s global expertise.
Katarzyna Lupa-Nowicka (Head of Private Market Operations, middle east) and david forrester (Head of Hedge Operations, middle east) will lead the new office of abu dhabi.
“We are excited to solidify our presence in Abu Dhabi’s growing global market with our new operating license and local presence.” bill stone, Chairman and CEO. “It’s more than that. 2 trillion dollars SS&C GlobeOp is the world’s leading alternative fund manager in terms of assets under management. We pride ourselves on maintaining world-class standards in the technology and services we provide, along with in-depth knowledge of local markets and regulations. We look forward to bringing in local and global managers looking to invest. of abu dhabi FalconEconomy offers flexible, customized solutions to support your growth. ”
Arvind RamamurthyADGM’s Head of Market Development said: “Congratulations to SS&C on opening an office within his ADGM, abu dhabi. The establishment of SS&C underlines the growing potential for financial institutions, fund managers and alternative investment companies in the region. of abu dhabi It appeals as a preferred location for such companies. With ADGM’s strong regulatory framework and rich opportunities within international financial centres, abu dhabi stands resolutely as a destination for prominent companies seeking growth and excellence. ”
According to ADGM FSRA, fund managers based in: abu dhabi At the end of Q3 2023, assets under management increased by more than 52% compared to the same period last year1, over 100 managers manage 128 leading funds. SS&C already services some of the world’s largest funds. United Arab Emirates.
Learn more about launching a fund with ADGM and how SS&C can support you.
About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. SS&C was founded in 1986 and is headquartered at windsor, connecticut, with offices around the world. Approximately 20,000 financial services and healthcare organizations, from the world’s largest corporations to small and medium-sized businesses, rely on SS&C for expertise, scale, and technology.
Additional information about SS&C (Nasdaq: SSNC) can be found at www.ssctech.com.
Follow SS&C twitterLinkedIn, Facebook.
1 https://www.adgm.com/media/payments/adgm-Continues-unprecedented-growth#:~:text=payments-,ADGM%20Continues%20Unprecedented%20Growth%20in%20the%20Asset%20Management,Announces%20Record% 2DSetting%20Q3%20Performance&text=Assets%20under%20management%20grew%20by,the%20same%20period%20last%20year
Logo – https://mma.prnewswire.com/media/692536/4595512/SSC_Logo.jpg
[ad_2]
Source link
