SS&C Technologies Holdings, Inc. is expanding its global footprint with a new office in India's Gujarat International Finance Tec-City (GIFT City). The International Financial Services Centres Authority has licensed SS&C GlobeOp to provide fund administration and compliance services to alternative investment funds (AIFs) and other funds domiciled in the economic opportunity zone. Kedaara Capital and Multiples Alternate Asset Management are among SS&C's clients with AIFs in GIFT City, with more in the pipeline.

The fund administration offering in GIFT City complements SS&C's extensive fund administration business across India. SS&C first expanded into the country in 2003. Among Indian fund administration clients, SS&C services more than $19 billion in assets under administration.

SS&C has 12 offices in India and employs 7,500 staffers servicing clients across fund services, transfer agency and brokerage. Arun Baldwa, Senior Director, will lead the new office in GIFT City.