First Plus Expands Relationship with SS&C to Support Cross-Border Operations in APAC
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that First Plus Asset Management (FPAM), a multi-asset investment management firm, has selected SS&C to provide cross-border operations support across Asia. SS&C will service First Plus across the full investment lifecycle, delivering a scalable, integrated solution supporting transfer agency, order management and execution and investment accounting. FPAM will utilize SS&C to service its growing cross-border operating model and support around $200 million in assets under management*.
“As First Plus has expanded, managing our operations has become increasingly complex,” said Jeb Li, Co-Founder and CEO at First Plus. “SS&C’s global footprint and integrated offerings enable us to easily optimize our workflows, so we can focus on scaling quickly and securely while continuing to deliver risk-adjusted returns and best-in-class client service.”
The engagement highlights the breadth and scalability of SS&C’s global service model. Leveraging SS&C’s integrated investment operations solution, First Plus will modernize its investment operations and bolster cross-jurisdictional compliance across Asia. The solution will streamline the process for front-office teams to trade and manage portfolio exposures and manage investor accounting and reconciliation. SS&C will also provide transfer agency services in Thailand, supporting FPAM’s investor servicing and recordkeeping. FPAM will also gain access to SS&C’s integrated automation capabilities to optimize and streamline operations.
