Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  SS&C Technologies Holdings, Inc.    SSNC

SS&C TECHNOLOGIES HOLDINGS, INC.

(SSNC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector news

SS&C Technologies : Eze partners with Tokyo Metropolitan Government in Japan's resurgent hedge fund market

share with twitter share with LinkedIn share with facebook
08/21/2019 | 04:48am EDT

Signs are emerging that Japan is making a strong return to the hedge fund industry. This is after a decade of very little new hedge fund activity in Tokyo when funds and investors alike were spooked by tough regulations and challenging financial infrastructure. Now that's changing, and Tokyo is leading the charge in an attempt to reinvigorate an industry that once played a more significant role in Tokyo. At least eight new fund managers have been awarded licenses to operate over the past 12 months.

While the large Japan-based fund allocators have been showing interest in the alternative space, most of that is targeted offshore. It seems that it is, in fact, the increased interest from global investors to access the key Japanese investment talent that is driving current fundraising for these new Japan-based managers. This slow-but-steady resurgence is further spurred by the government's push for fund managers to view Tokyo as a desirable place to base their new business and launch onshore again after many had opted over the past 10 years to set up their firms in Singapore, Hong Kong, or even Europe and the U.S. due to friendlier regulation, access to capital and tax regimes.

The Tokyo Metropolitan Government (TMG) has introduced the Emerging Manager Program, which includes initiatives such as operational cost subsidies for startups, real-estate accessibility following the hedge fund hotel mantra we saw in the U.S. in the past couple of decades, and more flexibility in terms of licensing for early-stage hedge fund managers-all with the idea of making it easier for a manager to seriously consider staying onshore instead of leaving to take their talents elsewhere. Additionally, to ensure hedge funds start off their operations on the right foot, TMG has launched a 'Qualified Outsourcing Provider ' program to steer managers to the most reputable and knowledgeable providers around the industry while still maintaining cost control through the government subsidies.

We're thrilled to announce that we've been approved to be part of the program.

SS&C Eze is one of only eight providers to be granted the status and one of the first global investment technology players to become part of the program. We hope to use this as a starting point to become a key provider in Japan's resurging hedge fund market, and to be able to provide a robust and scalable global technology platform to help managers streamline their business as they grow.

While the Japanese hedge fund market is just starting to awaken, SS&C Eze is already working with some of the early qualified hedge fund managers who are participating in the Emerging Managers Program. We are leaning on our extensive experience in helping startups support their daily workflows.

At the same time, we hope to partner with them to ensure we continue to evolve to meet any specific needs Japan-based hedge fund managers may need to succeed.

An exciting future lies ahead of Japan with the country's new hedge fund industry, and we are thrilled to be part of this journey.


Alternative Investments, APAC, Asset Management

Japan , Tokyo Metropolitan Government , qualified outsourcing provider , japan-based hedge fund

Disclaimer

SS&C Technologies Holdings Inc. published this content on 21 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 August 2019 08:47:06 UTC

share with twitter share with LinkedIn share with facebook
All news about SS&C TECHNOLOGIES HOLDINGS, INC.
09:01aSS&C : 's Black Diamond Wealth Platform Launches Command Center for Investment A..
PR
05:01aSS&C TECHNOLOGIES : GlobeOp Forward Redemption Indicator
PR
09/21SS&C TECHNOLOGIES : Barron's 400 ETF Rebalance Identifies Significant Areas Of Q..
PR
09/17ALPS REIT DIVIDEND DOGS ETF : Declares Third Quarter Distribution
PR
09/17ALPS EQUAL SECTOR WEIGHT ETF : Declares Third Quarter Distribution
PR
09/17ALPS SECTOR DIVIDEND DOGS ETF : s Declare Third Quarter Distributions
PR
09/15SS&C TECHNOLOGIES : Hong Kong's Blue Creek Selects SS&C Technologies
PR
09/15SS&C TECHNOLOGIES : ALPS Advisors Adds Two New Funds to the Smith Capital Line U..
PR
09/15RETHINKING INVESTMENT OPERATIONS : 5 trends insurers can't ignore
PU
09/14SS&C TECHNOLOGIES : Conbrio Fund Partners Selects SS&C for Global Investor & Dis..
PR
More news
Financials (USD)
Sales 2020 4 623 M - -
Net income 2020 534 M - -
Net Debt 2020 5 918 M - -
P/E ratio 2020 29,4x
Yield 2020 0,84%
Capitalization 15 568 M 15 568 M -
EV / Sales 2020 4,65x
EV / Sales 2021 4,29x
Nbr of Employees 22 800
Free-Float 86,4%
Chart SS&C TECHNOLOGIES HOLDINGS, INC.
Duration : Period :
SS&C Technologies Holdings, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SS&C TECHNOLOGIES HOLDINGS, INC.
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 67,50 $
Last Close Price 60,44 $
Spread / Highest target 29,1%
Spread / Average Target 11,7%
Spread / Lowest Target -5,69%
EPS Revisions
Managers
NameTitle
William Charles Stone Chairman & Chief Executive Officer
Rahul Kanwar President & Chief Operating Officer
Patrick John Louis Pedonti Chief Financial Officer & Senior Vice President
Anthony Caiafa Chief Technology Officer
Normand Augustine Boulanger Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
SS&C TECHNOLOGIES HOLDINGS, INC.-1.56%15 568
MICROSOFT CORPORATION27.07%1 532 752
ZOOM VIDEO COMMUNICATIONS, INC.588.52%133 243
SEA LIMITED274.69%73 502
ATLASSIAN CORPORATION PLC47.42%43 989
SYNOPSYS INC.42.19%30 653