SS&C Technologies Holdings, Inc. announced that Axcelus Financial, a provider of life insurance and annuities, has selected SS&C to modernize its information technology (IT) stack and transform its operations. This collaboration includes Axcelus transitioning IT infrastructure and client support for its U.
S. and Bermuda operations to SS&C Global Investor & Distribution Solutions (GIDS).
As part of the agreement, a portion of the Axcelus team will transfer to SS&C. These team members will focus on supporting Axcelus operations, aiming to ensure service continuity and provide access to their market expertise.
Axcelus’ existing policy administration systems are slated to migrate to SS&C’s secure private cloud. This shift is intended to drive optimization and scalability across the firm’s operations and introduce a range of automated services into Axcelus’ processes to simplify IT management.
Chuck Nachman, President & COO at Axcelus, commented on the initiative, stating, “We are constantly identifying ways to free up time and resources to drive growth and to enable our team to focus on core competencies. By collaborating with SS&C and preserving the institutional knowledge of our team, we can devote more resources to providing top-quality insurance-based solutions and unmatched levels of service to our clients. SS&C’s deep insurance expertise, scalable modern technology and strong track record of driving operational excellence made them the clear choice for us.”
Nicole Greene, head of SS&C GIDS, U.
S., added, “Insurance-based solutions provide policyholders with mortality protection and access to alternative investments, among other benefits. However, administering these solutions can be complex and time-consuming. We are excited to collaborate with the Axcelus team on a state-of-the-art platform for their advisors and policyholders.”
Axcelus Financial is an insurance and annuities firm with over thirty years of experience providing variable life and annuity solutions through an international network of financial advisors and distributors. The company manages over $16 billion in assets under administration as of September 30, 2025, and is a portfolio company of BroadRiver Asset Management.
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986 and headquartered in Windsor, Connecticut, SS&C serves more than 22,000 financial services and healthcare organizations worldwide.
