SS&C Technologies, Principal Extend Partnership

SS&C Technologies Holdings, Inc. announced that Principal Asset Management has extended its transfer agency relationship with SS&C.

Principal Asset Management is the investment management division of Principal Financial Group. SS&C Global Investor & Distribution Solutions will provide a full range of fund services to Principal’s 114 mutual funds comprised of 467 mutual and retail alternatives share classes, with approximately $160 billion in assets under management.

Principal’s offerings for individual and institutional investors feature more than 50 fund types across equity, fixed income, real estate to alternative strategies. SS&C provides transfer agency and digital investor services, including investor communications, document processing, anti-money laundering services and more.

“We are pleased to extend our valued long-term relationship with Principal Asset Management,” said Nicole Greene, head of SS&C GIDS, U.S. “Principal Asset Management is leading the innovation in financial products with both public and private investment capabilities, multi-asset strategies and retirement solutions. We look forward to working closely with the team to help them realize those ambitions while supporting top-of-the line investor services.”