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CT’s SS&C adds large S. African firm as client

Windsor’s SS&C Technologies has installed of its financial-software products into one of sub-Saharan Africa’s largest financial service providers.

Cape Town, South Africa wealth manager Sanlam Private Investments (SPI) has implemented SS&C’s Portia, an investment operations platform, SS&C announced Thursday. Financial terms were not disclosed.

SPI will use Portia to become more operationally efficient by automating its import and use of data and to customize tax-withholding information.

This is SPI’s first use of SS&C technology, officials said. SS&C has 5,500 clients globally.

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