Key Takeaways
- • SS&C Technologies Holdings (Nasdaq: SSNC) secured full regulatory approval from the Financial Services Regulatory Authority (FSRA) to deliver fund administration services within Abu Dhabi Global Market (ADGM), establishing its first dedicated office in the emirate.
- • The new Abu Dhabi office, located in Al Maqam Tower at the heart of ADGM, will provide end-to-end hands-on fund administration services and complements SS&C's existing Middle East operations serving nearly 850 financial institutions and corporate clients across the region.
- • SS&C currently supports 140 clients in the Middle East leveraging its fund administration technology; the ADGM license expansion positions the firm to deepen alternative fund manager relationships with dedicated local expertise backed by global capabilities.
- • Katarzyna Lupa-Nowicka (Head of Private Markets Operations, Middle East) and David Forrester (Head of Hedge Operations, Middle East) will lead the newly established Abu Dhabi office.
- • The expansion reinforces SS&C's strategic positioning as a leading global fund administrator while capitalizing on ADGM's growth as a financial hub for alternative asset managers targeting Middle Eastern capital.
Summary
SS&C Technologies Holdings announced the establishment of a new fund administration office in Abu Dhabi, United Arab Emirates, following full regulatory approval from the Financial Services Regulatory Authority (FSRA). The office, located in Al Maqam Tower within Abu Dhabi Global Market (ADGM), marks a significant expansion of the company's footprint in the Middle East and reflects the firm's commitment to serving alternative fund managers in the region with localized capabilities.
The launch represents a strategic enhancement to SS&C's existing Middle East operations, which already serve nearly 850 financial institutions and corporate clients. Among these clients, approximately 140 currently utilize SS&C's fund administration technology. The new ADGM office will enable the company to deliver comprehensive, hands-on fund administration services with dedicated local expertise while leveraging SS&C's global technological infrastructure and operational experience. This dual approach—combining regional presence with enterprise-scale capabilities—positions SS&C to attract institutional and alternative asset managers seeking regulated fund administration services in one of the Gulf's premier financial hubs.
Leadership of the new office has been assigned to Katarzyna Lupa-Nowicka, Head of Private Markets Operations for the Middle East, and David Forrester, Head of Hedge Operations for the Middle East. Both executives bring established regional knowledge to the venture. The regulatory approval from FSRA underscores ADGM's role as a competitive international financial center and validates SS&C's operational readiness to meet the emirate's compliance and service standards. This expansion complements SS&C's broader service portfolio in the Middle East, where the company already provides technology and services across multiple asset management segments, strengthening its market position as alternative investments continue to grow across the Gulf Cooperation Council region.
The launch represents a strategic enhancement to SS&C's existing Middle East operations, which already serve nearly 850 financial institutions and corporate clients. Among these clients, approximately 140 currently utilize SS&C's fund administration technology. The new ADGM office will enable the company to deliver comprehensive, hands-on fund administration services with dedicated local expertise while leveraging SS&C's global technological infrastructure and operational experience. This dual approach—combining regional presence with enterprise-scale capabilities—positions SS&C to attract institutional and alternative asset managers seeking regulated fund administration services in one of the Gulf's premier financial hubs.
Leadership of the new office has been assigned to Katarzyna Lupa-Nowicka, Head of Private Markets Operations for the Middle East, and David Forrester, Head of Hedge Operations for the Middle East. Both executives bring established regional knowledge to the venture. The regulatory approval from FSRA underscores ADGM's role as a competitive international financial center and validates SS&C's operational readiness to meet the emirate's compliance and service standards. This expansion complements SS&C's broader service portfolio in the Middle East, where the company already provides technology and services across multiple asset management segments, strengthening its market position as alternative investments continue to grow across the Gulf Cooperation Council region.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.