SS&C Unveils New SS&C Advent Executive Team
OREANDA-NEWS. SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today named Dave Welling and Robert Roley as co-heads of SS&C Advent. The appointments balance continuity in key positions with the elevation of the next generation of leaders. SS&C also announced Pete Hess, Senior Vice President and General Manager, will be leaving SS&C Advent at the end of June.
"The Advent acquisition has been positive for our clients and shareholders and we continue to see lots of opportunity. Dave and Robert are key examples of a deep bench of folks who have expertise and passion," said Bill Stone, Chairman and Chief Executive, SS&C Technologies. "We wish Pete well. He did an outstanding job for the Company integrating the Advent acquisition."
Shortly after the Advent acquisition last year by SS&C, Advent was reorganized into two market facing groups; Advent Advisory headed by Dave Welling and Advent Alternatives and Asset Management led by Robert Roley. Reporting to Norm Boulanger, President and Chief Operating Officer of SS&C, Mr. Welling and Mr. Roley will be responsible to lead SS&C Advent through the next phase of its growth and success. Pete Hess will move into a strategic advisor role, effective immediately.
"I am very proud to have the opportunity to work with Dave and Norm to lead SS&C Advent. By working with the top notch Advent team leveraging the expanded capabilities and expertise of SS&C, we are seeing the business accelerate," noted Robert Roley.
Dave Welling added, "Given SS&C's diversified products and services, its financial strength, and leadership position, no other company is as well positioned to drive innovation. Our ambition is to continue to build SS&C Advent so that the services and solutions our clients need and want from us are second to none."
SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 10,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients manage an aggregate of over $44 trillion in assets.