WINDSOR, Conn., Aug. 26, 2010 (GLOBE NEWSWIRE) -- SS&C Technologies, Inc., a subsidiary of SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), today announced that Associated Banc-Corp (Nasdaq:ASBC) has gone live with TradeThru's Web FX solution, SS&C's full-service Treasury SaaS solution, to support their growing Foreign Exchange business.
Associated Banc-Corp selected the TradeThru web portal solution to supply a client-facing web portal to their clients and Associated Banc-Corp's branches. The Green Bay, Wisconsin-based financial institution went live with the TradeThru FX web portal in July, streamlining its transaction processing while providing clients with flexible and robust web-based FX trade entry and settlement capabilities. As a result, clients and branches now utilize the Internet to obtain direct FX quotes for Spot, Forward, Swaps and Window Option transactions without having to contact the bank's traders via telephone.
"After a thorough due diligence and review process, we concluded that SS&C offered us the most comprehensive, functionally-rich, and cost effective solution to meet our requirements for integrating our client facing Web FX processing, while optimizing our operations," said Donald Lloyd, Director of Capital Markets, Associated Banc-Corp. "Having now seen the new FX portal framework, we feel that SS&C will set the stage for each individual client to gain greater insight into information, which will improve their effectiveness and allow us to provide greater value to our clients."
"We are extremely pleased that Associated Banc-Corp selected the portal capabilities of TradeThru," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies Holdings, Inc. "Associated Banc-Corp is clearly leading the way, using an integrated web portal that ensures its clients have easy, secure access to the FX trading tools they need."
About Associated Banc-Corp
Associated Banc-Corp, headquartered in Green Bay, Wis., is a diversified bank holding company with total assets of $23 billion. Associated has approximately 300 banking offices serving an estimated 160 communities in Wisconsin, Illinois, and Minnesota. The company offers a full range of traditional banking services and a variety of other financial products and services. More information about Associated Banc-Corp is available at www.associatedbank.com.
About SS&C Technologies Holdings, Inc.
SS&C is a leader in the delivery of investment and financial management software and related services focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. 4,500 financial services organizations, from the world's largest to local financial services organizations, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $16 trillion in assets. Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
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