WINDSOR, CT., December 10, 2024 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced an initial agreement with Insignia Financial (Insignia) to provide retirement administration services to members. Insignia Financial supports approximately 1.1 million retirement fund members through its wealth management offerings.
After signing a final binding agreement, more than 1,000 team members in seven offices across Australia will be transferred from Insignia to SS&C. The team will then leverage SS&C’s in-house technology to automate processes and streamline operations while providing best-in-class service delivery to Insignia customers alongside SS&C experts.
“As a leading global retirement solutions provider, SS&C is a trusted partner with extensive fund administration expertise. We anticipate that the collaboration with SS&C will provide our more than 1.1 million members with an enhanced experience through contemporary technology, and our employees with the opportunity to be part of a large global company and greater profitability,” said the CEO of Insignia Financial Scott Hartley.
“We look forward to welcoming Insignia Financial staff to the team and working closely with our new colleagues,” said Bill PierreChairman and CEO. “Insignia Financial is one of the largest wealth management companies in the world. Australia and will be our largest customer in Australia. This collaboration will enable SS&C to become the leading pension administration provider in the region. As more funds look to partner with trusted external providers, we look forward to providing the best technology and service to optimize superannuation administration for Australia investors.”
About Insignia Financial Ltd.
With origins dating back to 1846, Insignia Financial is today one of Australia’s leading wealth managers. Insignia Financial provides financial advice, superannuation, global platforms and asset management services to members, financial advisors and corporate employers. Further information about Insignia Financial can be found at www.insigniafinancial.com.au
About SS&C
SS&C is a global provider of services and software to the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, CTand has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest corporations to small and medium-sized businesses, rely on SS&C for its expertise, scale and technology.
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
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SOURCE SS&C
