Press Release

For Immediate Release

Contact(s):
  Patrick Pedonti
  Chief Financial Officer
  Tel: +1-860-298-4738

  Justine Stone
  Investor Relations
  Tel: +1- 212-367-4705
  E-mail: InvestorRelations@sscinc.com

SS&C Creates Exclusive Relationship with HedgeCoVest LLC

The SMArt Xchange service will be available exclusively to Axys, APX, and Black Diamond clients

WINDSOR, CT, February 2, 2017 (PR NEWSWIRE) – SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced an agreement with HedgeCoVest LLC to provide The SMArt Xchange (‘SMArtX’) exclusively to SS&C’s client base of advisors using Axys® , APX, or Black Diamond®. This integration allows for seamless, sleeve-level reporting and portfolio accounting of all SMArtX accounts through advisor-focused SS&C technology solutions.

SMArtX grants SS&C Advent advisors exclusive access to a UMA/SMA offering that provides intra-day liquidity on more than 150 investment strategies. Advisors gain access to long only, long/short, and options strategies, which are allocated into a single brokerage account. The SMArtX service uses proprietary technology to maintain a real-time record of investment managers’ activity and automatically creates trades to sync investors’ portfolios with the investment managers’ trading strategies. SS&C Advent provides data integration and sleeve-level reporting services for accounts managed on SMArtX so that advisory clients of Black Diamond and other solutions have a seamless experience.

The SMArtX offering through SS&C complements other technology solutions from the firm including APX and GWP, which provide portfolio accounting support to manufacturer and distributor firms.

“The agreement with HedgeCoVest is a natural extension of our existing suite of portfolio accounting, performance reporting, and custodial data functionality along with our vision of providing advisors with a complete wealth platform,” said Dave Welling, Managing Director and Co-General Manager, SS&C Advent. “Our integration with SMArtX offers our clients access to investment management data within the tools they already use. Ultimately this improves the end-client experience while helping advisors achieve their business goals in a seamless and integrated workflow.”

“We are excited about offering SMArtX exclusively for SS&C’s clients,” said Evan Rapoport, CEO, HedgeCoVest LLC. “SMArtX combines our unique trading technology and SS&C’s industry-leading platforms, giving clients access to the next evolution of managed accounts, real-time performance reporting, and allocations on both traditional equity and alternative strategies.”



About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 10,000 financial services organizations, from the world’s largest institutions to local firms, manage and account for their investments using SS&C’s products and services.



About HedgeCoVest LLC

HedgeCoVest is the creator of an award-winning, real-time investment platform that revolutionizes the managed-accounts industry. HedgeCoVest’s proprietary trading technology empowers wealth advisors with traditional and alternative institutional investment management, utilizing a unified managed account structure.