Federated Hermes expands Trans – GuruFocus.com

WINDSOR, Conn., June 15, 2022 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Federated Hermes, Inc., a global leader in active and responsible investing, has extended its nearly five-decade transfer agency services relationship with SS&C. SS&C Global Investor and Distribution Solutions (GIDS) will continue to provide domestic transfer agency services to the $631 billion AUM Asset Manager.

“We are delighted to extend our long-term relationship with SS&C as they help us deliver high-value customer service to our shareholders and financial intermediary customers,” said Bob Wagner, president of Federated Shareholder Services Company. “SS&C’s next-generation Lyric technology platform and its new suite of fraud detection and prevention solutions show how the company continues to invest in key technologies important to our service delivery model.”

SS&C Lyric is a modern global archiving solution deployed through a microservices architecture with advanced data storage and a unified Global Service Platform (GSP) user experience. SS&C GIDS provides transfer agency services including record keeping, transaction processing and settlement, automated workflow integration, unique data-driven operational insights, transparent real-time monitoring and state-of-the-art digital tools for Federated Hermes national fund shareholders.

“Federated has a 48-year relationship with SS&C and we are thrilled and grateful to extend our strong partnership,” said Nick Wright, Head of SS&C Global Investor and Distribution Solutions. “Our clients rely on us to represent their brands to their investors and advisors. We are committed to continuing to use best-in-class technology and providing reliable, high-quality service.”

About Federated Hermes

Federated Hermes, Inc. is a global leader in active and responsible investment management, with $631.1 billion of assets under management1. We offer investment solutions that help investors target a wide range of outcomes and provide equity, fixed income, alternative/private markets, multi-asset and cash management strategies to over 11,000 institutions and intermediaries around the world. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks, and broker/dealers. Based at PittsburghFederated Hermes has nearly 2,000 employees in London, New York, Boston and offices around the world.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the largest global enterprises to small and midsize businesses, rely on SS&C for their expertise, scale and technology.

SOURCE: SS&C

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

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