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WINDSOR, Conn., March 25, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today 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 (Nasdaq: PFG). 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."
Learn more about SS&C's Global Investor and Distribution Solutions here.
About Principal Financial Group
Principal Financial Group® (Nasdaq: PFG) is a global financial company with nearly 20,000 employees* passionate about improving the wealth and well-being of people and businesses. In business for 145 years, we're helping more than 68 million customers* plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce.
*As of September 30, 2024
About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
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SOURCE SS&C