SS&C Technologies Holdings has launched the Blue Sky Portal, a dedicated cloud-based technology solution to help investment managers comply with US state Blue Sky anti-fraud laws.“SS&C provides a holistic view of state-based law filings to help optimise our Blue Sky process,” says Janice Schwarz, Operations Projects Manager, Resolute Investment Managers. “Having a consolidated audit trail of the changes and approvals in a single system simplifies our operations.”
The web-based portal is designed to maximise compliance in a highly efficient and scalable way. Key features include an updated information stream for state fee calculations and best practices. An enhanced exemption process for social codes and subsequent sales combined with a comprehensive audit trail provides transparency.
“Since our conversion in 2017, we have found SS&C to be a partner with demonstrated Blue Sky compliance experience and leadership”, says Natasha Rippel, Supervisor of Fund Operations, Thornburg Investment Management. “The new portal is another example of SS&C investing in service and technology to support clients like us.”
SS&C’s Blue Sky Administration service supports over 70 clients with products that include open-end mutual funds, closed-end funds, private equity and hedge funds.
“We have made a significant investment in Blue Sky administration services to enhance our compliance offering,” says Mike Megaw, Managing Director, Regulatory Services. “We share in our clients’ mission to streamline regulatory management and costs.”
