SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) said that Sprott Asset Management has selected SSCNet for automated settlement notification.
The global network will enable trade communication between Sprott and its broker/dealers, custodian and prime brokers.
SSCNet will replace Sprott´s manual post-trade communication processes and consolidate all communication across a broad set of instrument and transaction types. Sprott will also use SSCNet´s SWIFT gateway connectivity and automated email/fax functionality.
SSCNet is a global trade communication network linking investment managers, broker/dealers, custodians and interested parties. SSCNet´s hosted service is available 24/7 on a secure platform, supports multiple formats and connects directly to trade counterparties, including SWIFT connectivity.
Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc., is a fund company dedicated to achieving superior returns for its investors over time.
SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. Its website is at www.ssctech.com.