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SS&C launches private equity industry solution in New York City

SS&C Technologies, a provider of financial services software and software-enabled services, has hosted a launch event for its private equity industry solution at the Nasdaq MarketSite in New York City.

The company, its customers, service providers and prospects gathered together to experience SS&C’s software and services designed for the private equity industry.

In his keynote address, SS&C chairman and chief executive officer William C. Stone discussed the changing needs of private equity funds. In his remarks, he also highlighted changing regulatory requirements, increased demand for transparency from investors, and how private equity funds are adapting to the new realities to become best-practice businesses.

"Now private equity firms seeking advanced software and independent administrative services and expertise will now find them in a single source: SS&C PEI Solutions," he said. "We service 300 clients, over 1,000 funds and USD150bn in committed capital worldwide and we are a major private equity solutions provider."

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