SS&C Technologies of Windsor is opening a Luxembourg office to expand its presence in Europe.
SS&C provides software and software-related services to financial services companies. Asset growth of funds domiciled or administered in Luxembourg grew more than 16 percent in the past 12 months, the company said. The country borders Belgium, Germany and France.
“Luxembourg is an important market for our existing and future hedge fund, private equity and fund of hedge fund clients,” SS&C Chairma and CEO Bill Stone said. “Opening a full service office there is an integral part of our expansion strategy into additional domiciles to be closer to our clients and service them on the ground.”
SS&C has about 4,200 employees, including about 500 in Connecticut.