S&P Global invests in SSImple 15 July 2026Global Reporter: Theodore Law
Image: itchaznong/stock.adobe.com
S&P Global has made the strategic decision to invest in SSImple, a platform concentrated on the management and automation of standing settlement instructions (SSIs).
According to the firms, the partnership aims to approach long-standing challenges around SSI management by combining SSImple’s capabilities with S&P Global’s market reach and data infrastructure.
Bill Meenaghan, chief executive and founder of SSImple, states: “This marks an important milestone in our collaboration and reflects a shared commitment to addressing one of the capital markets industry's longstanding operational challenges: improving the quality, governance, and automation of Standing Settlement Instructions.
“As the industry prepares for T+1 settlement and accelerates its adoption of automation, trusted SSI data has never been more important.
“We’d like to thank the team at S&P Global for their continued support and engagement. We look forward to building on our work together and supporting clients through the next phase of post-trade transformation.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times