FUND.ID Selects SS&C for its Investment Accounting and Mutual Fund Administration Platform

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Fund Administrator selects combined HiPortfolio and HiTrust solution, signaling first Australian client win from SS&C following the DST acquisition

June 14, 2018 (PR NEWSWIRE)
– FUND.ID, fund administrator, today announces that global provider of financial services software and software-enabled services, SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), is selected for investment accounting, asset servicing and mutual fund platforms, HiPortfolio and HiTrust. FUND.ID is the first Australian client to take advantage of an integrated solution from SS&C following the DST acquisition earlier this year.

The expanded solution addresses a key demand which is offering the fastest time-to-value implementation and processing by leveraging off proven platforms. FUND.ID selected HiTrust’s unit registry and pricing solution is fully integrated with SS&C’s investment accounting platform, HiPortfolio.

From the outset, we were impressed with SS&C’s deep industry knowledge and their flexible and innovative solutions. The implementation process moved very quickly and we are now going live on a market leading platform in an incredibly short period of time,” said Holly Grofski, Managing Director and Chief Executive Office of FUND.ID. FUND.ID has ambitious plans in the region and globally. In SS&C, we are confident we have a long-term partner who shares our dynamic and innovative approach, and who will work with us to support our ambitions.

FUND.ID will use SS&C’s combined solution to manage increasing regulatory complexity with the ability to incorporate tax and accounting methods (such as Australian Book of Record or ABOR). By choosing to self-administer its mutual funds using HiTrust’s market leading technology, FUND.ID will reduce the time spent on operational tasks and controls, while increasing the capacity for exceptional client service.

We are pleased to partner with firms, such as FUND.ID, to overcome operational barriers to growth by delivering just-in-time technology,” said Bill Stone, Chairman and Chief Executive Officer. “This scalable solution can support both large and specialty fund managers who are looking for compelling software solutions.


FUND.ID is Australia’s innovative provider that brings a world of difference through the specialisation of leading-edge online application software, regtech and fund administration services.

About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software for the global financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 13,000 financial services and healthcare organizations, from the world’s largest institutions to local firms, manage and account for their investments using SS&C’s products and services.