SS&C unveils latest version of HiPortfolio investment accounting solution
SS&C Technologies has rolled out the latest version of its investment accounting and asset servicing software HiPortfolio.
Fintech provider SS&C Technologies has rolled out the latest version of its investment accounting and asset servicing software HiPortfolio.
HiPortfolio has been designed to facilitate the investment management operations of third-party administrators, custodian banks, asset managers and insurance firms worldwide.
The solution helps manage full investment transaction lifecycle such as trade capture, cash management, reconciliation, or unit pricing.
The new version of the software has been designed to automate corporate actions income announcements and auditing, as well as streamline unit pricing workflow and reconciliation operations to achieve straight-through-processing, the company said.
Moreover, the enhanced offering has improved interoperability with other systems to facilitate integration of key accounting data and reporting, as well as expands the franking credits functionality to meet localised tax reporting and rules in Australia more effectively.
SS&C Institutional & Investment Management division senior vice president and general manager Christy Bremner said: “Our customers are turning to HiPortfolio’s sophisticated features to streamline complex operational processes while keeping pace with client demand for better transparency and reporting.
“We have a number of customers upgrading to the latest release of HiPortfolio and we are committed to helping our customers simplify their investment operations.”