WINDSOR, Conn. — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a significant expansion of its relationship with First Plus Asset Management (FPAM), a multi-asset investment management firm. First Plus has selected SS&C to provide comprehensive cross-border operations support across Asia, a move designed to streamline and scale its increasingly complex global operating model.
The engagement underscores First Plus’s strategic imperative to modernize its investment operations and bolster cross-jurisdictional compliance throughout the Asia-Pacific region. SS&C will deliver a scalable, integrated solution encompassing the full investment lifecycle, specifically supporting transfer agency, order management and execution, and investment accounting. This expanded partnership will service First Plus’s operations, which include approximately $200 million in assets under management, as reported as of June 30, 2026.
Strategic Imperative for First Plus’s Growth
As First Plus Asset Management has navigated its expansion within the dynamic APAC market, the operational complexities associated with a multi-asset, cross-border strategy have intensified. Jeb Li, Co-Founder and CEO at First Plus, articulated this challenge directly: “As First Plus has expanded, managing our operations has become increasingly complex.” He further emphasized the strategic value of SS&C’s offerings, stating, “SS&C’s global footprint and integrated offerings enable us to easily optimize our workflows, so we can focus on scaling quickly and securely while continuing to deliver risk-adjusted returns and best-in-class client service.” This highlights a clear focus on operational efficiency as a cornerstone for sustained growth and client satisfaction.
SS&C’s Integrated Solution for APAC Operations
The selection of SS&C builds upon an existing relationship, extending the scope of services to address First Plus’s evolving needs. SS&C’s solution is designed to modernize investment operations, offering a unified platform that will significantly enhance efficiency and compliance. Specifically, the integrated system will streamline processes for front-office teams, enabling more efficient trading and management of portfolio exposures. It will also optimize investor accounting and reconciliation, critical functions for any asset management firm operating across multiple jurisdictions.
A key component of this expanded support includes specialized transfer agency services in Thailand. This provision is crucial for supporting FPAM’s investor servicing and recordkeeping requirements within that specific market. Furthermore, First Plus will gain access to SS&C’s advanced integrated automation capabilities, which are expected to further optimize and streamline its operational workflows, reducing manual intervention and enhancing accuracy.
Addressing the Demands of a Globalizing Asset Management Sector
The partnership reflects a broader trend within the asset management industry, where globalization and the introduction of increasingly complex fund vehicles are driving demand for sophisticated operational and compliance support. Damien Barry, Head of Asia Pacific, Africa & Middle East for SS&C Global Investor & Distribution Solutions, commented on this market shift: “We are thrilled to further our relationship with First Plus as their business continues to grow. As asset management continues to globalize and offer new and complex fund vehicles, we are seeing an increased demand for cross-border operations and compliance support.” Barry underscored SS&C’s commitment to facilitating this evolution, adding, “We look forward to working with First Plus to streamline and integrate their workflows through our scalable global ecosystem, so the First Plus team can focus on growth and investor experiences.”
Profiles of the Partners
First Plus Asset Management Pte. Ltd., headquartered in Singapore, is a licensed asset management firm with a dedicated focus on the Asia-Pacific market. The firm holds a Capital Markets Services (CMS) Fund Management License from the Monetary Authority of Singapore (MAS). Its regional capabilities are further evidenced by key regulatory qualifications, including Qualified Foreign Institutional Investor (QFII) status granted by the China Securities Regulatory Commission (CSRC) and approval for Bond Connect by the People’s Bank of China (PBOC). An affiliated entity, First Plus Asset Management (Thailand) Company Limited, is licensed by Thailand’s Ministry of Finance to manage public mutual funds, private funds, and provident funds, and also holds QFII recognition from the CSRC. The First Plus group leverages a combination of global perspectives and deep regional expertise to deliver sustainable, long-term growth through structured credit, quantamental strategies, and other diversified investment solutions.
SS&C Technologies, founded in 1986 and headquartered in Windsor, Connecticut, stands as a leading global provider of mission-critical, AI-powered technology and services. The company empowers financial services and healthcare organizations worldwide to operate with greater intelligence, speed, and security. With offices globally, SS&C serves more than 23,000 financial services and healthcare organizations, ranging from the largest global enterprises to small and mid-market firms, providing expertise, scale, and advanced technology solutions.
This expanded collaboration between First Plus Asset Management and SS&C Technologies signifies a strategic alignment aimed at enhancing operational resilience and enabling scalable growth within the intricate cross-border landscape of the Asia-Pacific financial markets. By leveraging SS&C’s integrated technology and global service model, First Plus is positioned to optimize its operational framework, allowing it to concentrate on delivering superior risk-adjusted returns and client experiences amidst increasing market complexity.
