WINDSOR, Conn., August 3 — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that First Plus Asset Management (FPAM), a multi-asset investment management firm, has selected SS&C to provide cross-border operations support across Asia. SS&C will service First Plus across the full investment lifecycle, delivering a scalable, integrated solution supporting transfer agency, order management and execution and investment accounting. FPAM will utilize SS&C to service its growing cross-border operating model and support around $200 million in assets under management*.
“As First Plus has expanded, managing our operations has become increasingly complex,” said Jeb Li, Co-Founder and CEO at First Plus. “SS&C’s global footprint and integrated offerings enable us to easily optimize our workflows, so we can focus on scaling quickly and securely while continuing to deliver risk-adjusted returns and best-in-class client service.”
The engagement highlights the breadth and scalability of SS&C’s global service model. Leveraging SS&C’s integrated investment operations solution, First Plus will modernize its investment operations and bolster cross-jurisdictional compliance across Asia. The solution will streamline the process for front-office teams to trade and manage portfolio exposures and manage investor accounting and reconciliation. SS&C will also provide transfer agency services in Thailand, supporting FPAM’s investor servicing and recordkeeping. FPAM will also gain access to SS&C’s integrated automation capabilities to optimize and streamline operations.
“We are thrilled to further our relationship with First Plus as their business continues to grow,” said Damien Barry, Head of Asia Pacific, Africa & Middle East for SS&C Global Investor & Distribution Solutions. “As asset management continues to globalize and offer new and complex fund vehicles, we are seeing an increased demand for cross-border operations and compliance support. We look forward to working with First Plus to streamline and integrate their workflows through our scalable global ecosystem, so the First Plus team can focus on growth and investor experiences.”