Fund Services Annual 2022 | Page 87

[ S U R V E Y | H E D G E F U N D A D M I N I S T R A T I O N ]

SS & C Technologies

SS & C Technologies Average Score 2022 Average Score 2021 Average Score last 3 years Global Average Difference with Global Average Client Service 6.50 6.69 6.50 6.26 0.24 On-boarding 6.38 6.62 6.43 6.15 0.23 Fund Accounting 6.45 6.37 6.41 6.36 0.09 Investor Services 6.32 6.61 6.40 6.15 0.17 Reporting to Investors 6.59 6.46 6.44 6.17 0.42 Reporting to the Manager 6.53 6.67 6.50 6.26 0.27 Reporting to Regulators 6.67 6.35 6.38 6.12 0.55 Reporting to the Tax Authorities 6.55 6.67 6.53 6.19 0.36 Reporting to Auditors 6.79 6.67 6.61 6.33 0.46 KYC , AML and Sanctions Screening 6.53 6.72 6.56 6.18 0.35 Middle Office Services 6.27 6.60 6.38 6.21 0.06 Operations 6.57 6.64 6.49 6.25 0.32 Price 6.20 5.98 5.96 5.74 0.46 Average 6.49 6.54 6.43 6.18 0.31

S

S & C , one of the ‘ big beasts ’ of the hedge fund administration world , has recorded a similar set of results to last year . Five categories are up , seven are down – all within a relatively narrow range of 0.32 to -0.33 points . All categories score in Very Good range ( 6.00-6.99 ) and all exceed the global category averages . The traditional basics of fund administration are clearly seen as well handled . “ Great turnaround times on NAV and always precise ,” says one Canadian respondent . “ The team is very easy to reach and always makes times for us no matter how busy they are . Excellent , knowledgeable and effective fund accounting services .” SS & C notes that in the past 12 months , “ Clients turned to us for more services and best practices advice across the board , seeking our help with fund launches , operations , regulatory compliance and investor reporting .” As a result , strategic technology initiatives within SS & C have focused on making investment manager and investor data more accessible and transparent . The firm has , for example , launched SS & C ESG Solutions , designed to help asset managers sort through ESG data to make investment decisions and provide accurate ESG reporting to clients . SS & C has also launched SS & C GoCentral , an integrated next-generation fund administration platform to optimise its fund administration offering . The platform leverages AI and business process re-engineering in an exception management-based approach to optimise front- , middle- and back-office services on a single unified platform .
Fund Services Annual 2022 globalcustodian . com 85