SS&C GlobeOp Announces Release of TNR Solution 2013
Latest Release Goes Live With SS&C GlobeOp's Private Equity Clients
WINDSOR, Conn., Jan. 22, 2013 (GLOBE NEWSWIRE) -- SS&C Technologies
(Nasdaq:SSNC), a global provider of investment and financial software-enabled
services and software, today announced the release of TNR Solution™ version
2013, an important update to SS&C GlobeOp's private equity technology
TNR Solution version 2013 features enhancements to its core fund accounting
and portfolio management functionality, including on-screen reporting views to
track investments across various fund structures. This new version also
includes multiple enhancements to its web portal, incorporating fundraising
and portfolio analytic capabilities. From a usability standpoint, TNR version
2013 introduces a user-defined field tool, enabling end users to control
screen creation and generate flexible reports. The latest version of TNR
Solution is available via SS&C GlobeOp's cloud computing infrastructure, as a
Software-as-a-Service (SaaS) hosted option for private equity firms and shared
platform access for private equity fund administration clients.
"With TNR Solution we are able to automate virtually every aspect of a private
equity fund's business processes, management deliverables, and investor
reporting," said Bill Stone, Chairman and Chief Executive Officer, SS&C
Technologies."Through the 2013 release of the TNR Solution, we have leveraged
our private equity industry expertiseto create a world class technology
platform for both our services and license customers."
SS&C GlobeOp currently provides private equity fund services to over 135 fund
managers with US$75 billion in capital commitments on our TNR Solution
platform.This includes more than 1,100 funds including master feeder
structures, parallel fund structures, AIVs, managed account platforms, GP
entities, and employee plans.Assets classes include private equity LBO,
venture capital, real estate, infrastructure, fund of funds, and distressed
debt. TNR Solution is also available as an in-house solution with 150 license
clients managing over US$300 billion of assets.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled
services and software focused exclusively on the global financial services
industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut
and offices around the world. Some 5,500 financial services organizations,
from the world's largest institutions to local firms, manage and account for
their investments using SS&C's products and services. These clients in the
aggregate manage over$26 trillion in assets.
Additional information aboutSS&C (Nasdaq:SSNC) is available
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CONTACT: Patrick Pedonti
Chief Financial Officer
Tel: +44 (0)20 3100 3508
Tel: +1 732 598 4270
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