Press release
Hurricane Capital Advisors Chooses SS&C's Front-to-Back Solution to Power Operations
The new start-up will leverage institutional-grade solution to support growth strategy WINDSOR, Conn., June 7, 2021 /PRNewswire/ -- SS&C Technologies
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":"The new start-up will leverage institutional-grade solution to support growth strategy\n\n\nWINDSOR, Conn., June 7, 2021 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Hurricane Capital Advisors (Hurricane Capital), a global alternative investment management platform, has launched its operations with SS&C's front-to-back office solution. SS&C will provide fund administration, customized middle-office solutions, FIX connectivity, hosting and state-of-the-art order and execution management systems. \n\n \n \n \n \n \n \n\n \n\"We wanted to launch our operations with a technology partner to support the complex demands of a global multi-manager strategy on a single adaptable platform,\" said Chris Napoli, COO. \"SS&C's best-in-class fund administration, seamlessly integrated with advanced execution and order management systems, creates a powerful infrastructure to lean on.\"\nHurricane Capital's segregated account platform allows experienced managers to invest in various sectors, asset classes, and geographies at an elite institutional level. The platform also allows managers the superior asset control of a segregated portfolio, with risk parameters unique to their strategies. \"We wanted to create an environment that would allow premier managers to access global markets with the best systems, technology, and support available, and our partnership with SS&C has allowed us to do just that,\" Napoli explains.\n\"To support a growth strategy, funds need the infrastructure and expertise to launch, run and scale their operations efficiently,\" said Bill Stone, Chairman and CEO of SS&C Technologies. \"SS&C is dedicated to supporting fund launches with flexible front-to-back technology and services. Our customers can focus on growing their business while we take care of the rest.\"\nHurricane Capital expects to carry ten portfolio managers on the platform by July. The Hurricane Capital team is led by Adam Wolfberg, Ian Goodman, and Chris Napoli, who, collectively, bring more than 50 years of investment platform experience to the initiative. Mr. Wolfberg and Mr. Goodman both began their careers as portfolio managers at S.A.C. Capital, and both went on to create successful hedge fund enterprises. Mr. Napoli brings experience in specialty international financing and dealing expertise throughout emerging a...