Want to pick a fight with Microsoft, Amazon or Google? Don’t take them head on. Build out a vertical offering that leverages bleeding edge technology combined with deep domain expertise. Control the entire user experience/customer journey. One could argue that Fanatics and Shopify (tkr: SHOP) have done just that in the world of E-commerce. SS&C Technologies (tkr: SSNC) has done the same within Financial Services.
Listen to our recent TEK2day Podcast (episode no. 364) with SS&C Technologies executives Scott Kurland and Kyle Fields at the end of this article. We covered the topic Outsourcing in a Time of Crisis.
SS&C Technologies (tkr: SSNC): SS&C Technologies has become a FinTech giant since its founding in 1986. The firm provides a broad array of technology-enabled services primarily to investment operations and front office professionals employed by Asset Managers (traditional asset managers, wealth managers, private equity, REITs..) and insurers. Deep domain expertise combined with cutting edge technology (AI, ML, NLP and OCR, RPA, predictive analytics) have enabled SS&C to establish a leadership position that we expect the firm will extend over time.
SS&C heavily leverages advanced technologies to deliver the most modern outsourced Investment Operations service. SS&C has pushed further into the investment front office with the acquisition of Algorithmics. This acquisition augments SS&C’s Investment Operations leadership position. SS&C’s Singularity platform was built with Artificial Intelligence as a core underpinning. We are not aware of another provider in the outsourced Investment Operations space that is so heavily invested in AI and related technologies. SS&C offers co-sourcing and SaaS-delivered applications in addition to the fully outsourced model. Read more about SS&C HERE.