11 Cheap Technology Stocks to Buy Now

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8. SS&C Technologies Holdings Inc. (NASDAQ:SSNC)

Forward P/E Ratio as of August 5: 14.73

Number of Hedge Fund Holders: 54

SS&C Technologies Holdings Inc. (NASDAQ:SSNC) is one of the cheap technology stocks to buy now. On August 5, SS&C Technologies Holdings announced the launch of SS&C Black Diamond Wealth Solutions, which unifies the company’s wealth management offerings. The solution combines the Black Diamond Wealth Platform with SS&C’s range of wealth and trust management technologies and services and provides a single-source platform for wealth managers to manage technology and operational needs.

The unified platform aims to provide a more connected and modern experience, which allows advisors to manage the entire client lifecycle from a single ecosystem. SS&C Black Diamond Wealth Solutions currently serves over 800,000 active users across more than 3,000 firms, who collectively manage over $3.6 trillion in assets.

The suite includes various capabilities, such as portfolio management and reporting, alternative investments, client portals, CRMs, trust and retirement services, compliance and surveillance, investment management, trading and rebalancing, and business intelligence and billing. Current clients will not experience any disruption to their existing systems, logins, or support relationships.

SS&C Technologies Holdings Inc. (NASDAQ:SSNC) provides software products and software-enabled services to the financial services and healthcare industries.

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