SS&C Technologies, Inc. provides mission-critical software, software enabled-services, and software-as-a-service (SaaS) solutions to the financial industry worldwide. The company offers a suite of software solutions, including portfolio accounting and reporting, trading and trade order management, reconciliation and exception management, performance measurement and global markets risk, enterprise reporting, private equity, benefits administration, municipal finance, property management, loan origination and servicing, investor relationship management, Web-based issuance and investor record-keeping, and screening/lending tools. It also delivers mission-critical processing services for informa...
80 Lamberton Road
Windsor, CT 06095
Founded in 1986
Ceres Managed Futures LLC Enters into Master Services Agreement with SS&C Technologies
Aug 6 15
Ceres Managed Futures LLC, the general partner of the Morgan Stanley Smith Barney Spectrum Currency and Commodity L.P., has determined to delegate certain certain administrative functions to SS&C Technologies, Inc. currently doing business as SS&CGlobeOp (SS&C GlobeOp), and has entered into a master services agreement with SS&C GlobeOp on behalf of the Morgan Stanley Smith Barney Spectrum Currency and Commodity L.P. The Master Services Agreement became operative with respect to the company in July 2015. Pursuant to the Master Services Agreement, SS&C GlobeOp will furnish certain administrative services in connection with the operation of the company. These administrative services include the preparation of required books and records and reports to limited partners, government agencies and regulators; computation of net asset value; assistance in connection with certain limited partner communications; calculation and accrual of income, expenses, gains and losses; preparation of financial, performance and other reporting; coordination of the annual audit with the Registrant's auditor; preparation of the company's draft annual financial statements and accompanying materials; assistance with updating periodic regulatory filings; provision of tax services as agreed with the general partner; assistance in opening and operating the company's bank accounts; provision of daily profit and loss, estimated net asset value and position and reconciliation reports; and reconciliation of daily transactions, positions and cash balances to the company's brokerage and bank accounts. Pursuant to the Master Services Agreement, certain books and records of the company will be kept at the offices of SS&C GlobeOp, as permitted by CFTC rules. The general partner may also continue to maintain certain of these books and records at its principal office. The Master Services Agreement's initial term is through December 31, 2016. Thereafter, the Master Services Agreement will automatically renew for successive one-year terms. After December 31, 2016, the Master Services Agreement may be terminated by any party as of any calendar quarter end upon 180 days' written notice. The general partner pays or reimburses the company, from the administrative fee it receives, the ordinary administrative expenses of the company. This includes the expenses related to the engagement of SS&C GlobeOp. Therefore, the engagement of SS&C GlobeOp will not impact the company's break-even point.