SS&C signs on TSL as Middle East and Africa distributor
SS&C Technologies, Inc., an American provider of investment and financial management software, has signed an agreement with TSL Inc. The new strategic alliance provides for the licensing and distribution of SS&C’s front-to-back office investment software products throughout the region spanning the Middle East and Africa (MEA).
"MEA is a region of growing importance and the financial markets there are developing rapidly. TSL already has an established business base in the region and together we can offer a complete investment management solution to the local financial sector", said William Stone, president, CEO and chairman of the board at SS&C.
TSL currently operates in 13 countries in the MEA and is the largest supplier of financial technology solutions in the region, according to a company press release.
SS&C's products include Antares—a trade order management system—and the CAMRA system for portfolio management, reporting and accounting.
Headquartered in Windsor, Connecticut, with overseas offices in London, Amsterdam, Kuala Lumpur and Tokyo, SS&C delivers investment and financial management software and related services to five vertical markets: institutional asset managers, hedge funds and family offices, insurance entities and pension funds, real estate property managers, and financial institutions.
TSL is a financial services company operating in the Middle East and Africa Region. It has offices and businesses in 13 countries in the region, including Bahrain, Kuwait, Saudi Arabia, United Arab Emirates (UAE), Turkey, Morocco and Tunisia. Its clients include banking, financial, energy, metals, and government organizations.
TSL provides financial information and databases, news services, financial applications, network solutions, and e-commerce products. TSL also represents a number of other companies in the financial and technology sectors including Dow Jones Newswires, EBS, Moneyline Telerate, WICOM, SAVVIS and Relegence. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
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