SS&C Technologies, a global provider of financial services software and software-enabled services, has announced the latest release of HiPortfolio, an investment accounting and asset servicing software.

The latest version further automates corporate actions, income announcements and auditing, and streamlines unit pricing workflow and reconciliation operations to help move towards straight-through-processing.

Another significant development includes improved interoperability with other systems to support integration of critical accounting data and reporting.

“Our customers are turning to HiPortfolio’s sophisticated features to streamline complex operational processes while keeping pace with client demand for better transparency and reporting,” said Christy Bremner, Senior Vice President and General Manager, SS&C’s Institutional & Investment Management division.

“We have a number of customers upgrading to the latest release of HiPortfolio and we are committed to helping our customers simplify their investment operations," she said.

HiPortfolio supports the investment management operations of third-party administrators (TPAs), custodian banks, asset managers and insurance firms globally.

With broad instrument coverage and an unrivalled depth of transaction processing, HiPortfolio manages the full investment transaction lifecycle from trade capture, investment accounting and fund administration, cash management, reconciliation, corporate actions processing, unit pricing and taxation through to performance measurement and attribution.