SS&C Technologies, a financial services software and services vendor, will be expanding its presence in Evansville, Ind. as it prepares to move into a new office and plans to hire for positions in fund accounting, software development, and customer support, officials say.
SS&C Evansville supports hundreds of clients that range in size, structures and strategies across the globe, officials say.
SS&C has the right to lease up to approximately 86,000 square feet in the Sterling Square structure, a four-story building located on the downtown corridor of Evansville. The company employs nearly 200 staff there and “will create room to add another 300 jobs,” officials say. “With the expansion, SS&C will be one of the largest financial software and services companies in the region.”
Vendor officials add that the Evansville expansion positions SS&C for organic growth in the mid-west market and “serves as a growing operating center for SS&C’s global customer base including hedge funds, private equity funds, fund of funds, and institutional and private wealth managers.”
SS&C services “world class organizations here from Sciens, a London-based $5.2 billion alternative asset manager, to Folger Hill Asset Management, a recently launched hedge fund with assets in excess of $1 billion and offices in New York and Boston,” says Bill Stone, chairman and CEO, SS&C Technologies, in a prepared statement. “The competitive cost of doing business, the ability to recruit and retain talent from local and regional universities and the great working relationships we have forged with the local and state governments are some of the reasons why SS&C selected and continues to grow in Evansville.”
SS&C Technologies is based in Windsor, Connecticut, and it has offices around the world, officials say.
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