SS&C Technologies

Bermuda Risk Summit Continues to Attract Strong Showing of Overseas Delegates

Retrieved on: 
Monday, March 18, 2024
Banking, Accounting, Professional Services, Business, Thought Leadership, Fintech, Asset Management, Other Professional Services, Legal, Insurance, Finance, Consulting, Bermuda College, Synthetic media, AXA, NAIC, KPMG, INED, Amazon, Partnership, Risk, FIO, Eastern Kentucky University, Gold, Transport, Capital, BMA, KBRA, Food, EY, Faculty, BDA, Arch Capital Group, Gen Re, Student, Investment, Kirkland & Ellis, Florida State University, SS&C Technologies, International business, National Association, Recreation, Treasury, Economic development

The Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, has once again had a strong showing of overseas support, with 40% of its 450-plus delegate-list attending from overseas.

Key Points: 
  • The Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, has once again had a strong showing of overseas support, with 40% of its 450-plus delegate-list attending from overseas.
  • The immediate economic impact of the 2024 Bermuda Risk Summit, held at the Hamilton Princess & Beach Club, March 13-15, including lodging, transportation, food and beverage, retail and recreation was estimated at $3.4 million, supporting 432 jobs.
  • Far more significant were the long-term economic benefits brought about by the additional visitors who flew to Bermuda for business meetings during the week of the summit.
  • Fiona Luck, Lloyd’s Council Member, Convex Group INED said, “I congratulate the BDA on another successful Bermuda Risk Summit, further cementing Bermuda’s position as a globally significant insurance and reinsurance centre.

Record Number of US Insurance Regulators Speaking at 2024 Bermuda Risk Summit

Retrieved on: 
Monday, March 11, 2024
Professional Services, Business, Thought Leadership, Other Professional Services, Insurance, Finance, Friends, KPMG, Transport, Investment, Treasury, Representative, AXA, Commissioner, Amazon, Partnership, FIO, Florida House, Gen Re, SS&C Technologies, National Association, Economic development, Risk management, Food, Arch Capital Group, App Store (iOS/iPadOS), Kirkland & Ellis, International business, NAIC, Gold, Capital, KBRA, EY, BDA, Google Play, Recreation, Financial services

The Bermuda Business Development Agency (BDA) looks forward to welcoming the heads of the National Association of Insurance Commissioners (NAIC) and US Department of Treasury, Federal Insurance Office (FIO) to the third annual Bermuda Risk Summit this week.

Key Points: 
  • The Bermuda Business Development Agency (BDA) looks forward to welcoming the heads of the National Association of Insurance Commissioners (NAIC) and US Department of Treasury, Federal Insurance Office (FIO) to the third annual Bermuda Risk Summit this week.
  • The Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, will take place at the Hamilton Princess & Beach Club from March 13-15.
  • David Hart, CEO, BDA said, “We are extremely grateful for the level of support we have received from our industry partners and overseas friends.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

Crystal Capital Partners Hires SS&C Technologies as Independent Fund Administrator

Retrieved on: 
Monday, April 1, 2024
SS&C, SS&C Technologies, Crystal, CFO, Drug

MIAMI, April 1, 2024 /PRNewswire/ -- To continually improve our services and elevate client experience, we are excited to announce that Crystal Capital Partners (Crystal) has hired SS&C Technologies (SS&C) to serve as its independent administrator.

Key Points: 
  • MIAMI, April 1, 2024 /PRNewswire/ -- To continually improve our services and elevate client experience, we are excited to announce that Crystal Capital Partners (Crystal) has hired SS&C Technologies (SS&C) to serve as its independent administrator.
  • Founded in 1986, SS&C is the world's leading independent fund administrator, with more than $2.1 trillion in alternative assets under administration.
  • "We are pleased to expand our long-standing relationship with Crystal Capital Partners," said Karen Geiger, Co-Head of SS&C Wealth & Investment Technologies.
  • "We are committed to helping platforms of all types optimize their operations, and look forward to working with Crystal Capital Partners to bring efficiency to alternatives investing."

SS&C Unveils T+1 Readiness Scorecard

Retrieved on: 
Monday, March 11, 2024
SS&C, Communication, Anomaly, T+1, SS&C Technologies, STP, Assessment, Financial adviser

WINDSOR, Conn. , March 11, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the rollout of its comprehensive T+1 preparedness scorecard. Leveraging data from top industry utilities, SS&C's tool enables clients to assess whether their post-trade settlement processes align with current market practices. The in-depth scorecard delivers insight into possible bottlenecks and post-trade areas clients may need to improve for T+1 compliance in May 2024.

Key Points: 
  • WINDSOR, Conn. , March 11, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the rollout of its comprehensive T+1 preparedness scorecard.
  • The in-depth scorecard delivers insight into possible bottlenecks and post-trade areas clients may need to improve for T+1 compliance in May 2024.
  • "SS&C's T+1 scorecard helped us assess our processes and come up with ways to improve them," said Jason Roslin, Head of Operations at Taconic Capital.
  • "As part of SS&C's Trade Matching and Settlement Solution, the T+1 scorecard offers clients a useful way to benchmark their post-trade processes against the industry.

Bermuda Reinsurance CEOs Discuss Putting Capital to Work at 2024 Bermuda Risk Summit

Retrieved on: 
Thursday, February 29, 2024
Professional Services, Security, Technology, Thought Leadership, Insurance, Finance, Investment, National Association, Kirkland & Ellis, FIO, Risk management, SS&C Technologies, EY, App Store (iOS/iPadOS), Transport, Government, Aspen, Food, Risk, Economic development, Google Play, Private sector, Gold, Recreation, BDA, International business, Capital, KBRA, NAIC, KPMG, Partnership, Airline

A panel of Bermuda reinsurance CEOs offer a unique lens into optimising capital deployment, risk management, and the dynamic forces shaping the industry's future at the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • A panel of Bermuda reinsurance CEOs offer a unique lens into optimising capital deployment, risk management, and the dynamic forces shaping the industry's future at the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • John Huff said, “It is a pleasure to once again be moderating a panel at the Bermuda Risk Summit, which ABIR has been a headline sponsor of since its inception three years ago.
  • I look forward to asking these CEOs why Bermuda remains the world’s risk capital, as well as discussing our global prominence as a property and casualty market.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

SS&C GlobeOp Forward Redemption Indicator

Retrieved on: 
Thursday, February 29, 2024
SS&C Technologies, AUA, Movement

WINDSOR, Conn., Feb. 29, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the SS&C GlobeOp Forward Redemption Indicator for February 2024 measured 2.41%, up from 2.03% in January.

Key Points: 
  • SS&C GlobeOp Forward Redemption Indicator: February notifications 2.41%
    WINDSOR, Conn., Feb. 29, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the SS&C GlobeOp Forward Redemption Indicator for February 2024 measured 2.41%, up from 2.03% in January.
  • "SS&C GlobeOp's Forward Redemption Indicator for February 2024 was 2.41%, which was slightly higher than the 10-year average of 2.16% for the period," said Bill Stone , Chairman and Chief Executive Officer, SS&C Technologies.
  • The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the SS&C GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the SS&C GlobeOp platform.
  • Published on the 15th business day of the month, the SS&C GlobeOp Forward Redemption Indicator presents a timely and accurate view of the redemption pipeline for investors in hedge funds on the SS&C GlobeOp administration platform.

SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index

Retrieved on: 
Tuesday, February 27, 2024
Online, SS&C Technologies, Interim, AUA, Investment, Cryptocurrency

WINDSOR, Conn., Feb. 27, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the gross return of the SS&C GlobeOp Hedge Fund Performance Index January 2024 measured 0.43%.

Key Points: 
  • SS&C GlobeOp Hedge Fund Performance Index: January performance 0.43%
    Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.08% in February.
  • The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance.
  • The SS&C GlobeOp Hedge Fund Performance Index offers a unique reflection of the return on capital invested in funds.
  • The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the SS&C GlobeOp platform.

AI Keynote Kicks Off Innovation Conversations at Bermuda Risk Summit

Retrieved on: 
Thursday, February 15, 2024
Professional Services, Security, Thought Leadership, Technology, Insurance, Finance, Artificial Intelligence, Investment, Federal Reserve Bank, Kirkland & Ellis, Artificial intelligence, AI, SS&C Technologies, AIG, EY, App Store (iOS/iPadOS), Partnership, Transport, Digital, KPMG, Food, Economic development, Google Play, GPT, Gold, Recreation, Fintech, BDA, International business, Role, KBRA, National Council, Gen Re

Insurance industry thought leader Frank Schmid, will kick off a series of panels on cyber risk, InsurTech and AI on day three of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • Insurance industry thought leader Frank Schmid, will kick off a series of panels on cyber risk, InsurTech and AI on day three of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • Previously, Frank was affiliated with AIG, the National Council of Compensation Insurance, and the Federal Reserve Bank of St. Louis.
  • This makes the insurer's organisational adaptability critical to business success.”
    Dr. Schmid will be introduced by Sophia Yen, Principal, Insurance Strategy & Innovation Leader, EY.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

Amazon’s Global Head of Corporate Risk to Speak at 2024 Bermuda Risk Summit

Retrieved on: 
Thursday, February 8, 2024
Retail, Other Professional Services, Insurance, Business, Finance, Consulting, Online Retail, Accounting, Asset Management, Professional Services, Other Retail, Start-Up, Health Insurance, Outsourcing Business, Economic development, Partnership, Wright, ABIC, Food, Recreation, Transport, AXA, Risk, Investment, Kirkland & Ellis, KPMG, KBRA, RIMS, International business, App Store (iOS/iPadOS), Clorox, FM Global, Gold, Risk management, EY, Target Corporation, SS&C Technologies, Culture, BDA, Google Play

Soraya Wright, Global Head of Corporate Risk & Claims at Amazon, will close the second day of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • Soraya Wright, Global Head of Corporate Risk & Claims at Amazon, will close the second day of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • Ms. Wright has over 30 years of experience managing complex risks of global companies and currently serves as Global Head of Corporate Risk & Claims at tech giant, Amazon, and also serves as a California State Commissioner on the Fraud Assessment Committee.
  • Ms. Wright’s keynote conversation will be with Patrick Tannock, CEO of AXA XL Insurance in Bermuda / Chair, Association of Bermuda International Companies (ABIC).
  • Mr. Tannock said: “Bermuda is a dynamic and solution-oriented international business jurisdiction that has fostered a culture based on innovation and calculated risk.

Keynote Conversation Between Premier and Arch Capital CEO to Kick Off Bermuda Risk Summit

Retrieved on: 
Tuesday, January 23, 2024
Software, Professional Services, Business, Vacation, Other Travel, Technology, Destinations, Travel, Artificial Intelligence, Other Professional Services, Insurance, Finance, Consulting, App Store (iOS/iPadOS), Arch, Economic development, KPMG, International business, Government, Standard, Food, KBRA, Partnership, Recreation, Google Play, Risk, Gold, SS&C Technologies, Transport, Capital, Investment, EY, Private sector, Kirkland & Ellis, BDA, Financial services

A keynote conversation between Bermuda’s Premier David Burt and Marc Grandisson, CEO, Arch Capital Group Ltd. (Arch) will kick off the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • A keynote conversation between Bermuda’s Premier David Burt and Marc Grandisson, CEO, Arch Capital Group Ltd. (Arch) will kick off the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • Premier Burt said, “I look forward to representing the Government of Bermuda and taking part in my third annual Bermuda Risk Summit keynote.
  • The Government is proud to support this important event, which highlights Bermuda’s position as the world’s risk capital.
  • A full agenda for the Bermuda Risk Summit, being held at the Hamilton Princess & Beach Club from March 13-15, 2024, is available online .