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SS&C GlobeOp Forward Redemption Indicator

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SS&C GlobeOp Forward Redemption Indicator: February notifications 2.41%

WINDSOR, Conn., Feb. 29, 2024 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the SS&C GlobeOp Forward Redemption Indicator for February 2024 measured 2.41%, up from 2.03% in January.

“SS&C GlobeOp’s Forward Redemption Indicator for February 2024 was 2.41%, which was slightly higher than the 10-year average of 2.16% for the period,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Equity valuations, interest rates, public debt, and market volatility are all elevated and continue to weigh on the outlook of market participants. The strong risk-adjusted returns of hedge funds can assist investors in navigating the current market volatility and changes in economic fundamentals.”

The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the SS&C GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the SS&C GlobeOp platform. Forward redemptions as a percentage of SS&C GlobeOp’s assets under administration on the SS&C GlobeOp platform have trended significantly lower since reaching a high of 19.27% in November 2008. The next publication date is March 21, 2024.

Published on the 15th business day of the month, the SS&C GlobeOp Forward Redemption Indicator presents a timely and accurate view of the redemption pipeline for investors in hedge funds on the SS&C GlobeOp administration platform. Movements in the Indicator reflect investor confidence in their allocations to hedge funds. Indicator data is based on actual investor redemption notifications received. Unlike subscriptions, redemption notifications are typically received 30-90 days in advance of the redemption date. Investors may, and sometimes do, cancel redemption notices. In addition, the establishment and enforcement of redemption notices may vary from fund to fund.

SS&C GlobeOp Hedge Fund Performance Index 

Base

100 points on 31 December 2005

Flash estimate (current month)

0.43%*

Year-to-date (YTD)

0.43%*

Last 12 month (LTM)

6.71%*

Life to date (LTD)

251.24%*

*All numbers reported above are gross

SS&C GlobeOp Capital Movement Index 

Base

100 points on 31 December 2005

All time high

150.77 in September 2013

All time low

99.67 in January 2006

12-month high

130.54  in March 2023

12-month low

124.61 in January 2024

Largest monthly change

– 15.21 in January 2009

SS&C GlobeOp Forward Redemption Indicator        

All time high

19.27% in November 2008

All time low

1.48% in April 2022

12-month high

3.64% in December 2023

12-month low

1.82% in July 2023

Largest monthly change

9.60% in November 2008

About the SS&C GlobeOp Hedge Fund Index®

The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp. A unique set of indices by a hedge fund administrator, it offers clients, investors and the overall market a welcome transparency on liquidity, investor sentiment and performance. The Index is based on a significant platform of diverse and representative assets.

The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.

The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Flash estimate, interim and final values are provided, in each of three months respectively, following each business month-end.

While individual fund data is anonymized by aggregation, the SS&C GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that SS&C GlobeOp uses to produce fund net asset values (NAV). Funds acquired through the acquisition of Citi Alternative Investor Services are integrated into the index suite starting with the January 2017 reporting periods. SS&C GlobeOp’s total assets under administration on the SS&C GlobeOp platform represent approximately 10% of the estimated assets currently invested in the hedge fund sector. The investment strategies of the funds in the indices span a representative industry sample. Data for middle and back office clients who are not fund administration clients is not included in the Index, but is included in the Company’s results announcement figures.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about

SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on X, LinkedIn and Facebook.

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Aviat Networks to Participate in Upcoming Investor Conferences

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AUSTIN, Texas, Jan. 9, 2025 /PRNewswire/ — Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, today announced that it will participate in the following upcoming investor conferences.

27th Annual Needham Growth Conference to be held virtually on January 16, 202510th Annual Oppenheimer Emerging Growth Conference to be held virtually on February 26, 202537th Annual Roth Conference to be held in Dana Point, CA from March 16, 2025 to March 18, 2025

Investors interested in scheduling a meeting with the company should contact their representative at the respective institutions. All presentations and supplemental materials will be available under the Investor Relations section of Aviat’s website following the event.

About Aviat Networks, Inc.
Aviat is the leading expert in wireless transport and access solutions and works to provide dependable products, services and support to its customers. With more than one million systems sold into 170 countries worldwide, communications service providers and private network operators including state/local government, utility, federal government and defense organizations trust Aviat with their critical applications. Coupled with a long history of microwave innovations, Aviat provides a comprehensive suite of localized professional and support services enabling customers to drastically simplify both their networks and their lives. For more than 70 years, the experts at Aviat have delivered high performance products, simplified operations, and the best overall customer experience. Aviat is headquartered in Austin, Texas. For more information, visit www.aviatnetworks.com or connect with Aviat Networks on Facebook and LinkedIn.

Investor Contact
Andrew Fredrickson
Corporate Development and Investor Relations
(512) 582-4626
andrew.fredrickson@aviatnet.com

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SOURCE Aviat Networks, Inc.

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CREO Announces Leadership Appointments to Drive Continued Growth

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CREO, the preferred consultancy to the world’s most promising life sciences companies seeking to improve human health, announced today four leadership appointments designed to support the company’s continued growth.

DURHAM, N.C., Jan. 9, 2025 /PRNewswire-PRWeb/ — CREO, the preferred consultancy to the world’s most promising life sciences companies seeking to improve human health, announced today four leadership appointments designed to support the company’s continued growth.

Announced in September 2023, CREO’s strategic recapitalization from Grant Avenue Capital has accelerated its expansion in strategy, technology, and commercialization services to life sciences and healthcare organizations. To position the company for further growth, the new appointments include the following:

Mike Townley, CREO’s Co-Founder and President, has transitioned to a full-time role as CREO’s Chief Commercial Officer. In this capacity, Mike has assumed responsibility for driving business development and sales excellence across CREO’s rapidly expanding service portfolio, geographic footprint, and client base.Connie Pearcy, previously CREO’s Senior Managing Director, has been named the company’s first Chief Operating Officer. As CREO’s third employee, Connie has been instrumental in growing the organization and delighting its customers throughout the company’s history. With this appointment, she has assumed responsibility for all CREO service delivery.Bob Riefer, Managing Director, has been appointed practice area leader for all growth acceleration services. Bob’s deep consulting background and industry expertise make him an ideal leader for continuing CREO’s growth in value-creation engagements, including strategy, M&A, and product commercialization services.Roger Davy, Managing Director, has been appointed practice area leader for all technology services. With an extensive career in information technology and digital transformation, Roger has a long track record of success in areas such as enterprise and scientific IT, cybersecurity, and data sciences.

“I am thrilled to recognize these leaders in our company,” said Susan Acker-Walsh, CEO and Co-Founder of CREO. “In addition to enabling me to spend more time focusing on the future of our company, these leaders offer market-proven expertise to every client.”

CREO is an award-winning management consulting and advisory services firm specializing in value creation in growth-oriented life sciences and healthcare businesses. Since its founding in 2015, CREO has generated strong market momentum, placing numerous times on Inc. 5000 Fastest-Growing Companies, Inc. Regionals Mid-Atlantic Fastest-Growing Companies, and the Triangle Business Journal’s Fast 50 list.

“It’s an amazing milestone,” said Mike Townley, Co-Founder and Chief Commercial Officer. “Our people are the special sauce at CREO. We are fortunate to have such a powerful mix of people working with clients that are making a healthier world each day.”

About CREO

CREO is the preferred consultancy to the world’s most promising companies seeking to improve human health. We accelerate growth and value creation for life sciences, healthcare, and private equity portfolio companies worldwide through tailored consulting and operating solutions. With deep expertise in strategic planning, M&A, product commercialization, IT enablement, data sciences, and regulatory compliance, CREO has helped hundreds of organizations enhance business performance and advance clinical innovations. Founded in 2015 and headquartered in North Carolina’s Research Triangle Park, CREO is committed to making a better, healthier world. Visit us at www.creoconsulting.com.

Media Contact

Jason Burke, CREO, 1 919-589-1212, jburke@creoconsulting.com, https://creoconsulting.com/

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Rolling Wireless Introduces 5G Release 17 Automotive Module with NB-NTN Support

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RN941Y Module to Support Advanced Automotive OEM Programs and Enable Satellite-Based Connectivity for Vehicles Starting Production in 2027

LUXEMBOURG, Jan. 9, 2025 /PRNewswire/ — Rolling Wireless, the world’s leading supplier of connectivity solutions for the automotive industry, today announced the launch of its first automotive-grade 5G Release 17 and NB-NTN Network Access Device (NAD)

The RN941Y module will bring seamless connectivity to the next generation of vehicles, even in areas where terrestrial networks are unavailable. 

Advanced Capabilities for Seamless Connectivity 

With Release 17, the global 5G standard now includes specifications for non-terrestrial networks. The full integration of NTN in the 3GPP ecosystem enables devices—including vehicles—to connect directly to satellites, paving the way for reliable communication in areas without terrestrial coverage.  

The RN941Y module offers NB-NTN satellite communication as an option. It supports multiple NB-NTN bands, enabling services such as roadside or medical assistance, fleet tracking (vehicle location), and messaging in remote and underserved areas. 

By incorporating support for NB-NTN into its NAD portfolio, Rolling Wireless is addressing one of the key challenges of automotive connectivity: enabling the availability of critical communication services anywhere and anytime. 

The RN941Y will also integrate memory with higher density and better performances for boot and reliability, in accordance with the latest automotive requirements. 

Easy Evolution Path

The RN941Y module is designed to offer automotive OEMs a seamless upgrade path to the latest technology. It features a compatible form factor and footprint as Rolling Wireless’ existing range of 5G NADs. 

The module supports 4×4 downlink MIMO and 2×2 uplink MIMO with up to 200MHz of downlink spectrum. It also provides flexibility with support for 5G sub-6 bands in both NSA and SA modes, plus seamless fallback to LTE, WCDMA, and 2G across worldwide cellular networks. 

Equipped with a powerful quad-core ARM Cortex A55 processor, the RN941Y module allows automotive OEMs and Tier 1 suppliers to develop Linux-based connectivity units for a wide range of present and future applications.  

Like all Rolling Wireless NADs, it is delivered with an ultra-flexible NAD Software Platform (NSP) designed to optimize and speed up the connected vehicle application development process. 

The RN941Y 5G Release 17 and NB-NTN NAD will be available for integration in vehicle models with start of production in 2027. Engineering samples for global markets will be available in the first half of 2025.  

Meet Rolling Wireless at CES in Las Vegas 

Rolling Wireless is showcasing its latest connectivity solutions at CES in Las Vegas from January 7th to 11th. To schedule a meeting: rollingwireless.com/en/contact

About Rolling Wireless  

Rolling Wireless is the world’s leading supplier of Network Access Devices (NADs) to the automotive industry, with over 60 million automotive-grade cellular modules shipped to date.    

Building on more than two decades of innovation and operational excellence, Rolling Wireless helps automotive OEMs and Tier 1 suppliers create applications that enhance safety, delight drivers, and generate additional revenue. The company’s unique open-source software platform enables customers to build Linux-based connectivity units on a single module.   

Rolling Wireless was established as an independent company in 2020, with the divestiture of Sierra Wireless’ automotive business unit. Headquartered in Luxembourg, the company employs more than 300 automotive experts worldwide. 

www.rollingwireless.com

Click here for more details about our booth at: https://ces25.mapyourshow.com/8_0/exhibitor/exhibitor-details.cfm?exhid=001Pp00000HwmaMIAR.

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SOURCE Rolling Wireless

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