Nippon Life India Asset Management (Singapore) Pte. Ltd. (Nippon Life India Singapore), the offshore multi-asset, multi-strategy platform of Nippon Life India Asset Management Limited, has moved its operations onto the SS&C Eze asset management platform, according to a recent announcement from SS&C Technologies Holdings, Inc. Now, the company will use the Eze Investment Suite ecosystem, among other funds, for its recently launched Fixed Income ETF.
"We were looking for a singular, scalable and robust solution to streamline our front-to-back investment operations and data across asset classes and strategies. Eze's longstanding reputation, its ability to scale up and its capability in handling the entire investment process made Eze Investment Suite a great choice for our investment operations," said Abhijit Singh, CEO and Global Head, International Business at Nippon Life India Singapore. "SS&C's deep experience and capabilities supporting firms similar to ours make them a valuable, trusted partner in our growth strategy. The platform's expansive capabilities and flexibility will enable our teams to evolve the business seamlessly over time."
For foreign investors, Nippon Life India Singapore runs UCITS funds that invest in Indian capital markets with a concentration on Indian Equities, Fixed Income, & Alternative Assets.
"Nippon Life India Singapore is at an exciting point in their expansion, and we are pleased to be a partner," said Frank Maltais, Head of Sales, APAC, SS&C Eze. "SS&C focuses on reducing the friction of business data flow by eliminating burdensome paperwork, Excel spreadsheets, manual and double-entry to deliver automated reporting. Our teams have cultivated a strong rapport, which will be crucial to future momentum."