Three SS&C Clients Upgrade to CAMRA 2000 Derivatives.WINDSOR, Conn.--(BUSINESS WIRE)--June 5, 1998--SS&C Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SSNC SSNC Swedish Society for Nature Conservation (Stockholm, Sweden) SSNC Signaling System Network Control SSNC Status, Entity Data Not Consistent (Alcatel) ) announced today that three clients, Citicorp Credit Services, Inc., Sanwa Business Credit Corp., and U.S. Central Credit Union US Central Federal Credit Union is the largest corporate credit union in the United States. Unlike consumer driven credit unions (referred to as "natural person" credit unions in the industry), US Central provides its services only to other corporate credit unions, in effect , have purchased license upgrades to CAMRA 2000 Derivatives(tm), also known as The Savid System(tm) for Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. . CAMRA 2000 Derivatives/The Savid System is designed to process and analyze all activities related to debt and derivative portfolios: Swaps, Caps, Floors, Collars, FRAs, FX, Futures, and Options, as well as the issuance of Short, Medium, and Long Term Debt. It is available as a stand-alone product, or as a module to CAMRA 2000(tm), SS&C's flagship 32-bit Windows global investment system. "We believe our ability to act quickly to upgrade these clients is further indication of the strength of SS&C's acquisition strategy," said Bill Stone, SS&C's Chief Executive Officer. "We are excited about the enhanced derivatives capabilities we acquired with Savid, and the additional opportunities which will be driven by tightly coupling CAMRA 2000 Derivatives with CAMRA 2000 ." With offices in the U.S., Canada, Europe, and Asia, SS&C is a leading provider of financial software solutions, services, and expertise to asset managers worldwide. SS&C primarily targets its products and services to large-scale, sophisticated investment enterprises who use the trading, accounting, reporting, and analysis solutions to manage more than $2 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. in assets. Full company information is located at www.ssctech.com. CONTACT: SS&C Peg Berry Berry, former province, France Berry (bĕrē`), former province, central France. Bourges, the capital, and Châteauroux are the chief towns. , 860/298-4551 or Cindy Lawrence, 212/303-7611 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion