SS&C Technologies Holdings, Inc. announced that Federated Hermes, Inc. has extended its nearly five decades-long Transfer Agency services relationship with SS&C. SS&C Global Investor and Distribution Solutions (GIDS) will continue to provide domestic transfer agency services to the $631B AUM asset manager. SS&C Lyric is a modern global recordkeeping solution deployed via a microservices architecture with advanced data storage and a unified Global Servicing Platform (GSP) user experience. SS&C GIDS provides transfer agency services, including recordkeeping, transaction processing and settlement, automated workflow integration, unique data-driven operational insights, real-time transparent oversight and digital tools for Federated Hermes' domestic fund shareholders.
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