Western & Southern Selects SS&C Singularity to Modernize Investment Accounting
1. Western & Southern chooses SS&C Singularity for investment accounting modernization. 2. This partnership may enhance SSNC's service portfolio and market presence.
FAQ
Why Bullish?
The selection of SS&C Singularity by Western & Southern indicates strong demand for SSNC's solutions. Similar previous deals have significantly bolstered SSNC's stock prices, reflecting investor confidence.
How important is it?
The partnership enhances SSNC’s credibility in the financial services sector, likely attracting further business opportunities.
Why Short Term?
The immediate boost from this partnership could influence SSNC's stock price in the coming quarters, as revenue from new contracts typically materializes quickly.