SS&C Unveils Advanced Data Storage in Region for Japanese Customers
WINDSOR, Connecticut., June 2, 2021 / PRNewswire / – SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced a strategic investment in Japan with its deployment of Distributed Storage Node technology. This innovative technology will allow customers of the market-leading Intralinks VDRPro ™ offering to store data in the region and provide faster access. the TokyoThe zone storage node will host SS&C Intralinks’ offerings for syndicated loans, mergers and acquisitions, and investor reporting.
Mizuho Bank is part of from Japan leading financial institutions and current client of SS&C Intralinks. “SS&C Intralinks launched local data storage in Japan will help accelerate the digital transformation for the administration of syndicated loans, ”said Mr. Kaya Saeki, Deputy Managing Director, Planning and Administration Team Unionized Finance Department of Mizuho Bank, Ltd.
Mizuho Bank is a member of the Japan Syndication and Loan-Trading Association (JSLA) whose goals include supporting standards to help the healthy expansion of loan markets in Japan. SS&C Intralinks works closely with JSLA to develop industry best practices to digitize administration of syndicated loans.
“As data privacy regulations evolve, such as recent changes to from Japan Personal Information Protection Act (APPI), it is obvious that regulators are getting more and more strict, ”said Ken bisconti, co-head of SS&C Intralinks. “Customers such as Mizuho Bank are at the forefront of implementing technology solutions that help them stay compliant with global regulations and protect their customer data. Providing data localization options is just one of the many ways we help clients execute their data sovereignty strategies. “
SS&C Intralinks is a pioneer of the virtual data room, enabling and securing the flow of information by facilitating mergers and acquisitions, capital raising and reporting to investors. SS&C Intralinks has executed more than US $ 34.7 trillion value of financial transactions on its platform.
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. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and medium-sized enterprises, trust SS&C for expertise, scale and technology.
Additional information on SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
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