SS&C Technologies Holdings Inc. is strengthening its presence in Saudi Arabia by opening a new office in Riyadh, marking a strategic move to deepen ties with the country’s financial sector. The new location will enhance collaboration with local regulatory bodies, such as the Capital Markets Authority and Saudi Arabian Monetary Agency.
With Saudi Arabia’s Vision 2030 economic transformation program expected to generate over $3 trillion in investments, the Kingdom’s financial services market is rapidly growing. SS&C already supports approximately 850 financial institutions and corporations across the Middle East, with 150 clients in Saudi Arabia.
Chairman and CEO Bill Stone highlighted the significant opportunities in the region, stating, “Saudi Arabia’s financial services market is expanding rapidly.” The new office will be led by Issa Jadon, Director for the region, and will provide tailored services to meet the growing needs of local clients, including long-time client Jadwa Investment, which praised SS&C’s innovative technological solutions.
Founded in 1986, SS&C Technologies provides software and services to the financial and healthcare sectors and serves over 22,000 clients globally.
About SS&C Technologies
SS&C Technologies is a global provider of software and services to the financial and healthcare sectors. With a strong client base in the Middle East and worldwide, SS&C is committed to delivering innovative solutions for investment and risk management, automation, and advisory services.
SS&C Technologies, Riyadh office, Saudi financial sector