WINDSOR, Conn., July 30, 2014 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced that RCI, the global leader in vacation exchange and part of the Wyndham Worldwide family of brands (NYSE:WYN), will begin a strategic development project with SS&C's TimeShareWare™ (TSW) to incorporate RCI ConnectSM platform web-services to establish an automated interface between TSW property management systems and the RCI® web servers.
The interface built by TSW will allow RCI-affiliated resorts to eliminate the need to manually enter RCI-related transaction information. RCI resorts using TimeShareWare's property management system can accept certain day-to-day RCI business transactions such as in-bound guest lists, requests and verification of deposits for RCI Weeks® members and verification and updates to ownership data. The TimeShareWare-RCI interface can reduce errors and simplifies data sharing between RCI resorts and the RCI web server, thus improving response time for their owners who wish to transact with RCI.
"One of our core efforts at RCI is to help our affiliates lower the total operating cost of their resorts," said Chris Parren, Senior Vice President, Product Development for RCI. "We developed the RCI Connect platform to eliminate redundant, time-wasting activities and give our affiliates faster access to RCI transaction data. The new partnership with TimeShareWare will help to further reduce the impact of human error and redundancy on the booking process. By simplifying and expediting information reporting, owners' accounts are immediately updated with the latest payment and booking transactions, ensuring a seamless ownership experience."
"We are pleased to announce this planned enhancement to our software, the result of extensive work through our partnership with RCI," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "While we have always been an industry leader in resort management software, this is a game-changing development. We are excited to share the interface with customers and prospective clients."
RCI is the worldwide leader in vacation exchange with nearly 4,500 affiliated resorts in more than 100 countries. RCI pioneered the concept of vacation exchange in 1974, offering members increased flexibility and versatility with their vacation ownership experience. Today, through RCI Weeks®, the traditional week-for-week exchange system, and the RCI Points® program, the industry's first global points-based exchange system, RCI provides flexible vacation options to its approximately 3.7 million RCI subscribing members each year. RCI's luxury exchange program, The Registry Collection®, is the world's largest program of its kind with approximately 200 affiliated properties either accessible for exchange or under development on six continents. RCI is part of Wyndham Exchange & Rentals and the Wyndham Worldwide family of brands (NYSE:WYN). For additional information visit our media center, rciaffiliates.com or The RCI Blog. RCI also can be found on Facebook, YouTube and Twitter.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. Some 6,900 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $26 trillion in assets.
Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
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CONTACT: For more information Patrick Pedonti Chief Financial Officer Tel: +1-860-298-4738 E-mail: InvestorRelations@sscinc.com Justine Stone Investor Relations Coordinator Tel: +1- 212-367-4705 E-mail: InvestorRelations@sscinc.com Media Contacts Caroline Beer Metia (UK) Tel. +44 (0)20 3100 3796 Email: email@example.com Kelly Holman BackBay Communications (US) Tel: +1 212 520 1385, ext. 4 Email: firstname.lastname@example.org