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For Immediate Release
Contact:
Lese Amato
Investor Relations
Tel: +1-860-298-4653
E-mail: InvestorRelations@sscinc.com
Hong Leong Assurance Chooses SS&C's CAMRA™ and Antares™
To Implement Integrated Front-to-Back-Office Solution
WINDSOR, CT and Kuala Lumpur, Malaysia - January 21, 2002 — SS&C Technologies, Inc. (Nasdaq: SSNC) today announced Hong Leong Assurance Berhad (HLA), Kuala Lumpur, one of Malaysia's largest insurance companies, has selected the Company's Antares™ and CAMRA™ systems. HLA will couple Antares' trade order management and P&L reporting capabilities with CAMRA's robust portfolio management, accounting, and reporting engine, for a complete front-to-back office solution
"In selecting SS&C's CAMRA and Antares systems, we were looking not only to upgrade our technology to a state-of-the-art Windows-based system, but also to implement a fully integrated front-to-back office solution that would improve our investment process," said Mr. K H Chia, Chief Executive Officer at HLA. "We believe SS&C's CAMRA and Antares systems will provide us with the comprehensive system we need."
"The addition of HLA to our Asian client base is significant. The strength of our solutions, reinforced with our local staff expertise will ensure a successful partnership," said Tee Arasoo, Vice President of SS&C's Asia operations.
"We are excited that another prestigious Malaysian investment manager has selected SS&C's systems. We have been in the Malaysian market for over six years, and are committed to delivering solutions that meet our Malaysian clients' needs," said William C. Stone, President, CEO, and Chairman of the Board at SS&C. "SS&C is focused on enabling our client base to easily move to T+1 and eventually, T+0. We believe the implementation of CAMRA and Antares will be instrumental in improving HLA's systems and processes."
About Hong Leong Assurance Berhad
Hong Leong Assurance Berhad (HLA), a licensed composite insurance company, was incorporated in December, 1982. It is a fully owned subsidiary of Hong Leong Credit Berhad, a public listed company of the Kuala Lumpur Stock Exchange. The company has been consistently performing and strengthening its position in the insurance industry and is now one of the largest insurance companies in Malaysia. Hong Leong Credit Berhad, incorporated in 1968, has evolved and grown into an integrated financial services group with strong foundation and excellent growth potential. Today, the Group comprises Hong Leong Properties, Hong Leong Bank Berhad, Hong Leong Assurance Berhad, and HLG Capital Berhad.
About Antares
Antares is the complete trade order management system that makes it simple to trade and report on fixed-income, equities, F/X, futures, options, repos, and many other instruments…all from within one, simple client-server application. Pre-trade compliance, real-time position and P&L reporting, "what-if" analysis, FIX connectivity, and portfolio modeling tools that can be converted instantly to spread sheet format-are just some of the features that set Antares apart.
About CAMRA
CAMRA, SS&C's flagship product, is the premier portfolio management, reporting, and investment accounting system. It is a flexible software application that streamlines and automates the investment process. CAMRA eliminates work, saves time, reduces mistakes and delivers value by unlocking the power of your information. CAMRA is Internet-enabled and can be deployed remotely using Internet technology, and leverage the reporting power of Microsoft SQL Server.
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