USAA Real Estate Partners with SS&C to Manage Fund Administration
WINDSOR, Conn., Jan. 10, 2023 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has entered into an outsourced administration arrangement with USAA Real Estate, an industry leader in acquiring, developing, financing and managing the highest quality real estate assets in North America and Europe.
- WINDSOR, Conn., Jan. 10, 2023 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has entered into an outsourced administration arrangement with USAA Real Estate , an industry leader in acquiring, developing, financing and managing the highest quality real estate assets in North America and Europe.
- As a leading real estate investment manager, we are focused on providing best-in-class analysis, reporting and internal controls to our clients and we concluded that SS&C will best enable us to serve our investors as we move forward," said Tana Gardner, chief financial officer for USAA Real Estate.
- USAA Real Estate will outsource fund accounting and reporting functions as well as property accounting of operating and under-development investments to SS&C.
- Further, USAA Real Estate will transition around 60 employees to SS&C GlobeOp's group in both San Antonio and Dallas.