SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced a significant fund services partnership today. Singapore Goku Technologies Pte. Ltd. has chosen SS&C as its fund services provider. Consequently, this AI-driven quantitative investment manager strengthens its operational backbone. Goku Technologies operates offices in Shanghai and Singapore. Moreover, the firm employs systematic trading strategies across Asian equity markets. Currently, Goku Technologies manages USD4 billion in assets. Therefore, this fund services partnership marks a pivotal moment for the firm’s growth.
SS&C GlobeOp will handle Fund administration services for the Goku Technologies Master Fund. Specifically, the fund runs a high-volume trading strategy with substantial daily activity. As a result, SS&C will deliver comprehensive support services to Goku Technologies. These fund services include fund accounting and investor services. Additionally, SS&C aims to help Goku Technologies build a scalable operating model. Thus, this collaboration addresses growing operational demands.
Leadership Reactions to the Fund Services Deal
“As our business has grown, so have our demands on our trading and operational framework,” said Ken Chung, CEO of Singapore Goku Technologies. “We are building an institutional quality operations infrastructure, so we needed a provider capable of supporting a high-volume operation with accurate, timely NAV reporting. SS&C has demonstrated the ability to provide these services at scale, along with extensive expertise across multiple jurisdictions. We look forward to working together as our business continues to expand globally.”
“We are pleased to collaborate with Goku Technologies as they continue to grow and optimize their business,” said Bhagesh Malde, Head of SS&C GlobeOp. “SS&C’s robust systems are designed to cope with high trading volumes, ensuring our customers get comprehensive middle- and back-office support across any strategy they choose to pursue. As managers like Goku take their innovative strategies to the global markets, we look forward to helping them solve operational challenges so they can focus on delivering value to investors worldwide.”
Strengthening Global Fund Operations
Overall, this partnership highlights growing demand for scalable Fund administration services. Furthermore, quantitative investment managers increasingly need robust operational infrastructure. SS&C’s expertise spans multiple jurisdictions, which benefits global Fund administration services managers significantly. Ultimately, this deal positions Goku Technologies for continued international expansion. Similarly, SS&C strengthens its footprint within the Asian investment management sector.
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News Source: Businesswire.com
