SS&C Technologies Expands Its Global Footprint with New Office in Saudi Arabia

SS&C Technologies Expands Its Presence in Saudi Arabia

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), has recently announced the grand opening of its new office in Riyadh, Saudi Arabia. This strategic move marks a significant step in the company's endeavor to strengthen its foothold in the Middle East. The new office is expected to forge stronger partnerships and provide localized services tailored to meet the specific needs of clients in the region.

With a robust portfolio, SS&C currently serves 850 financial institutions and corporate clients across the Middle East, with around 150 of these located in Saudi Arabia alone. The firm is well-regarded for its innovative software solutions and top-tier services in investment management, risk management, automation, and trading services. The Riyadh office will be led by Issa Jadon, who will oversee the company's initiatives in the region.

Bill Stone, the CEO of SS&C, expressed his enthusiasm about the expansion, stating that Saudi Arabia's financial services market is rapidly evolving, especially with over $3 trillion in projected investments under the Vision 2030 economic transformation program. "SS&C stands out with its world-class technology, services, and deep understanding of local markets and regulations," Stone remarked.

The new office in Riyadh represents an essential milestone in SS&C's journey, bringing services closer to its Saudi clients and allowing for a more tailored approach to their unique requirements. Abdullah Al-Eisa, the COO of Jadwa Investment and a longtime client of SS&C, shared his excitement about the new office. “As a client for nearly two decades, we have directly experienced SS&C's innovative technological solutions that have transformed our investment operations. This new Riyadh office marks a new chapter in our partnership, enabling us to receive more localized services that better suit our needs,” he commented.

Founded in 1986 and headquartered in Windsor, Connecticut, SS&C Technologies is a leading global provider of software and services for the financial services and healthcare industries. More than 22,000 financial services and healthcare organizations, from small businesses to the world's largest multinationals, trust SS&C for its expertise, reach, and technology.

For further information about SS&C Technologies (Nasdaq: SSNC), visit www.ssctech.com. Stay connected with SS&C on Twitter, LinkedIn, and Facebook for the latest updates and insights from the company.

The establishment of this new office highlights SS&C’s commitment to enhancing its capabilities and supporting the fast-growing financial landscape in Saudi Arabia, thus ensuring they remain at the forefront of innovation and service in the financial sector.