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$4 Billion Canadian Wealth Manager Selects SS&C as its Fund AdministratorNicola Wealth Management turns to SS&C for its expertise, technology platform and Canada-based service teams WINDSOR, Conn., April 28, 2016 /CNW/ -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced that it has been appointed by Nicola Wealth Management ("NWM") to provide a range of fund administration services for nearly $4 billion in assets under management (AUM). NWM has grown to be one of Canada's leading independent wealth management firms with close to $4 billion AUM and over 130 employees in four locations across Canada, including Vancouver and Toronto. SS&C will provide NWM with a full range of administration services including fund accounting and investor services. NWM will benefit from SS&C's expertise and service, while its technology platform will support NWM's 15 funds and 4 limited partnerships. "Working with SS&C will allowus to improve productivity and internal control", commented Michael Taylor, Chief Financial Officer, NWM. "Repositioning our fund accounting and transfer agency service requirements with SS&C will reduce operational risk and will allow us to better serve our clients as we continue to grow into the future. We are impressed with SS&C's large suite of sophisticated technology offerings and its operating platform in Canada and around the world." With more than 400 employees based in five office locations across Canada, SS&C delivers bilingual client support, product development, and localized expertise to more than 370 Canadian investment firms, ranging from CAD $100 million to $250 billion in assets under management. "We are pleased to add NWM to our growing list of Canadian clients," noted Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Canada is a key market for us, and we look forward to helping NWM meet the challenges investment firms face in an increasingly complex regulatory and operational environment." About Nicola Wealth Management About SS&C Technologies Logo - http://photos.prnewswire.com/prnh/20150410/197838LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/4-billion-canadian-wealth-manager-selects-ssc-as-its-fund-administrator-300259153.html SOURCE SS&C |